2005 Regular Session

SENATE BILL 613

File Code: Taxes - Miscellaneous Crossfiled with: HOUSE BILL 548
Sponsored By:
Senators Lawlah, Currie, DeGrange, Hogan, Jones, Kasemeyer, Kelley, Klausmeier, Kramer, McFadden, and Ruben
Entitled:
Tax Credit for Employer-Established Paid Work-Based Learning Programs for Students

Synopsis:

Authorizing eligible parties to establish specified approved paid work-based learning programs under which arrangements are made between schools and employers to provide students with specified structured employer-supervised learning; allowing a credit against the State income tax or the insurance premiums tax for wages paid to each student under an approved program; providing for calculation of the credit; providing for the carrying forward of the credit if it exceeds the total tax otherwise payable for a taxable year; etc.

History by Legislative Date

Senate Action
2/4
First Reading Budget and Taxation
3/9
Hearing 3/22 at 1:00 p.m.
House Action
No Action

Sponsored by:

Senator Gloria Lawlah, District 26
Senator Ulysses Currie, District 25
Senator James E. DeGrange, Sr., District 32
Senator Patrick J. Hogan, District 39
Senator Verna L. Jones, District 44
Senator Edward J. Kasemeyer, District 12
Senator Delores G. Kelley, District 10
Senator Katherine Klausmeier, District 8
Senator Rona E. Kramer, District 14
Senator Nathaniel J. McFadden, District 45
Senator Ida G. Ruben, District 20

Bill indexed under the following Subjects:

CONSTRUCTION
EDUCATION, DEPARTMENT OF
EDUCATION -see also- DRIVER ED; HIGHER ED; SPECIAL ED; etc
INCOME TAX
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
REPORTS
REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.
RULES AND REGULATIONS
STUDENTS
SUNSET
TAX CREDITS -see also- CIRCUIT BREAKER
WORK, LABOR AND EMPLOYMENT -see also- COL BARG; HOLIDAY; etc

Bill affects the following Statutes:

Education
( 21-501 )
Insurance
( 6-118 )
Tax - General
( 10-711 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments: None offered