File Code: Miscellaneous
Crossfiled with: HOUSE BILL 133
- Sponsored By:
-
Senators Currie, Madden, and Hoffman
- Entitled:
-
Worker Retraining Tax Credit Act
Allowing a credit against specified State taxes for businesses that
pay or incur qualifying expenses under approved employer-sponsored
training programs; limiting the credit allowed based on the number of
qualified employees who successfully complete the approved training
program; providing for submission of proposals for employer-sponsored
training programs to the Department of Labor, Licensing, and
Regulation for approval; limiting to $2,000,000 the total amount of
credits allowed for any fiscal year; etc.
Senate Action
- 1/22
- First Reading Budget and Taxation
- Hearing 2/5 at 1:00 p.m.
- 1/30
- Hearing cancelled
- Hearing 2/5 at 1:30 p.m.
- 3/17
- Referred to interim study by Budget and Taxation
House Action
- No Action
- Sponsored by:
- Senator Ulysses Currie, District 25
- Senator Barbara A. Hoffman, District 42
- Senator Martin G. Madden, District 13
- Bill indexed under the following Subjects:
- COMMERCE AND BUSINESS -see also- SMALL BUSINESS
- FINANCIAL INSTITUTIONS -see also- BANKS & TRUST CO; CREDIT U
- FRANCHISES
- INCOME TAX
- INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS
- JOB TRAINING
- LABOR,LICENSING, AND REGULATION, DEPARTMENT OF
- REVENUE AND TAXES -see also specific taxes -
- RULES AND REGULATIONS
- TAX CREDITS
- UTILITIES -see also- HIGH VOLTAGE LINES; TELEPHONES
- WORK, LABOR AND EMPLOYMENT -see also- LEAVE; OVERTIME
- Bill affects the following Statutes:
- Insurance
- (
6-115
)
- Labor and Employment
- (
11-101 ,
11-601 ,
11-602 ,
11-603
)
- Tax - General
- (
8-216 ,
8-413 ,
10-708
)
- Bill Text:
- First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)