Legislation

Title: Income Tax Credit - Apprenticeship and Training - Work-Based Learning Program
Sponsored by: Senators King, Currie, Edwards, Ferguson, Guzzone, Manno, Peters, Serafini, and Young
Status: In the Senate - Hearing 2/10 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Allowing an individual or a corporation that employs specified apprentices to claim a credit against the State income tax in an amount of up to $1,000 for each apprentice that is employed for at least 7 months during the taxable year; requiring an individual or corporation to apply for a specified tax credit certificate; requiring the Apprenticeship and Training Council, in consultation with the Comptroller, to adopt specified regulations; applying the Act to taxable years beginning after December 31, 2015; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): July 1, 2016

History

Legislation History
Chamber Senate Calendar Date 1/21/2016 Legislative Date 1/22/2016 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 1/27/2016 Legislative Date 1/27/2016 Action Hearing 2/10 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/21/2016	1/22/2016	First Reading Budget and Taxation
Senate	1/27/2016	1/27/2016	Hearing 2/10 at 1:00 p.m.

Documents

Date Posted	Document Name
1/22/2016	Text - First - Income Tax Credit - Apprenticeship and Training - Work-Based Learning Program

File Code

Subjects

Statutes