Creates a quarterly advance payment schedule for the farm employer overtime tax credit

This bill modifies the farm employer overtime tax credit by allowing eligible farm employers to receive quarterly advance payments instead of waiting until they file their annual tax return. To qualify, employers must submit applications to the Department of Agriculture and Markets by specific deadlines for each quarter, detailing the overtime wages they paid during that period. Once approved, the department issues a certificate specifying the advance amount, which the employer can claim as a payment on their tax return for the relevant year. The law takes effect on January 1, 2025, providing cash flow relief to farms that employ workers eligible for overtime pay.