DIGEST OF INTRODUCED BILL
Tax credit for certified internship programs. Requires the department of workforce development to establish a program to certify a state educational institution's internship program if the program meets certain requirements. Provides a refundable credit against an Indiana employer's state tax liability equal to 25% of any payroll expenditures made for a student participating in a certified internship. Limits the total amount of the tax credits to $5,000,000 in a state fiscal year.