2008 Regular Session

SENATE BILL 776

File Code: Taxes - Income
Sponsored By:
Senator Jones
Entitled:
Tax Credit for Employer-Established Paid Work-Based Learning Programs

Synopsis:

Authorizing specified persons to establish approved paid work-based learning programs under which arrangements are made to provide structured employer-supervised learning; allowing a credit against the State income tax for wages paid to specified individuals under an approved paid work-based learning program; providing for calculation of the credit; requiring that a study be done and provided to the General Assembly; applying the Act to taxable years beginning after December 31, 2008; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.
Senate Action
2/1
First Reading Budget and Taxation
2/13
Hearing 2/27 at 1:00 p.m.
House Action
No Action

Bill indexed under the following Subjects:

Apprentices
Construction
Income Tax
Job Training
Labor, Licensing, and Regulation, Department of
Reports
Rules and Regulations
Sunset
Tax Credits -see also- Circuit Breaker
Work, Labor and Employment -see also- Col Barg; Holiday; etc

Bill affects the following Statutes:

Labor and Employment
( 11-801 )
Tax - General
( 10-711 )

Documents:

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