File Code: Miscellaneous
- Sponsored By:
-
Delegate Franchot
- 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.
House Action
- 2/12
- First Reading Ways and Means
- 2/24
- Hearing 3/12 at 1:00 p.m.
- 4/2
- Unfavorable Report by Ways and Means
Senate Action
- No Action
- Bill indexed under the following Subjects:
- COMMUNITY COLLEGES
- EDUCATION -see also- PUBLIC SCHOOLS; SPECIAL ED.; HIGHER ED.
- FINANCIAL INSTITUTIONS -see also- BANKS & TRUST CO; CREDIT U
- FRANCHISES
- GROSS RECEIPTS TAX
- 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 -see also- CIRCUIT BREAKER
- UTILITIES -see also- HIGH VOLTAGE LINES; TELEPHONES; WATER
- WORK, LABOR AND EMPLOYMENT -see also- LEAVE; O.T.; SALARIES.
- Bill affects the following Statutes:
- Insurance
- (
6-119
)
- Labor and Employment
- (
11-101 ,
11-701 ,
11-702 ,
11-703
)
- Tax - General
- (
8-220 ,
8-417 ,
10-712
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered