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House Bill 1740


House Bill 1740

ARCHIVE (2003)

Latest Information

 

DIGEST OF INTRODUCED BILL


Job skills training expense tax credit. Requires the department of workforce development (department) to adopt rules for: (1) certifying job skills training programs; and (2) certifying that a particular job skills training program is related to particular career fields or job classifications. Provides to a qualified employer a nonrefundable state tax liability credit equal to 10% of expenditures made for job skills training programs on behalf of its employees. Provides to an individual taxpayer a refundable state tax liability credit equal to the lesser of: (1) $250; or (2) 25% of expenses for job skills training programs paid by the individual and not reimbursed by the individual's employer. Requires an individual to submit proof that a certified job skills training program is related to the individual's career field or job classification, as determined by the department, in order to claim the credit.
Current Status:
 In Committee - first House
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