IN HB1236 | 2024 | Regular Session

Status

Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on January 9 2024 - 25% progression, died in committee
Action: 2024-01-09 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Apprenticeship tax credit. Provides for an apprenticeship tax credit (credit) for an eligible employer. Provides that the amount of the credit is equal to 50% of qualified expenses attributable to the establishment of an apprenticeship program. Provides maximum amounts of the credit: (1) in a taxable year; and (2) in aggregate. Provides that the total amount of credits that may be awarded for a state fiscal year may not exceed $10,000,000.

Tracking Information

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Title

Apprenticeship tax credit.

Sponsors


History

DateChamberAction
2024-01-09HouseFirst reading: referred to Committee on Ways and Means
2024-01-09HouseAuthored by Representative Goodrich
2024-01-09HouseCoauthored by Representatives Judy and Heine

Indiana State Sources


Bill Comments

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