Legislation - HB1047

Title: Income Tax - Credit for Employers of Eligible Apprentices - Alterations
Sponsored by: Delegates Wu, Spiegel, and Woorman
Status: In the House - Hearing 2/20 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Altering the definition of "eligible apprentice" for purposes of a certain credit against the State income tax for the employment of certain eligible apprentices by repealing a certain wage requirement; extending the termination of the credit until June 30, 2031; and applying the Act to taxable years beginning after December 31, 2024.

Committees

Original:: Ways and Means

Details

Cross-filed with: SB0325

Bill File Type: Regular

Effective Date(s): June 1, 2025

History

Legislation History
Chamber House Calendar Date 2/05/2025 Legislative Date 2/05/2025 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 2/05/2025 Legislative Date 2/05/2025 Action Hearing 2/20 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Credit for Employers of Eligible Apprentices - Alterations Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/05/2025	2/05/2025	First Reading Ways and Means
House	2/05/2025	2/05/2025	Hearing 2/20 at 1:00 p.m.
			Text - First - Income Tax - Credit for Employers of Eligible Apprentices - Alterations

File Code

Subjects

Statutes