Allowing a State income tax credit for expenses paid or incurred under a teleworking arrangement by an employer for furnishings and electronic information equipment used to enable an individual to telework; limiting the credit allowed for each taxable year to $500 with respect to expenses paid or incurred by or on behalf of each individual who teleworks; limiting the credit claimed by any employer to the lesser of $10,000 or the credit approved by the Secretary of Business and Economic Development; etc.