Increases the maximum tax credit for wages paid to apprentices in construction trades.
The bill amends the corporation business tax credit for wages paid to apprentices in the construction trades, raising the maximum credit from $4,000 to $7,500 per apprentice. This change aims to incentivize businesses to hire and train more apprentices in the construction industry.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.