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Senate Bill 0415


 

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Senate Bill 0415

ARCHIVE (2004)

Latest Information

 
DIGEST OF INTRODUCED BILL

Tax credit for job training expenses. Provides to an employer with at least 250 full-time employees a state tax credit equal to 30% of expenditures made for job skills training programs that are: (1) certified by the department of workforce development; and (2) offered by the employer or reimbursed by the employer on behalf of its employees. Provides that an employer is ineligible for the tax credit if the employer receives a state funded grant for job skills training programs during the same taxable year. Requires the department of workforce development to establish procedures to certify job skills training programs and to audit employers seeking the tax credit.
    Current Status:
     In Committee - first House
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