Indiana HB1366 proposes a tax credit for employers who hire apprentices and recognizes licenses from neighboring states.

Indiana HB1366 introduces a tax credit for employers who hire apprentices, providing $2,500 per apprentice employed. The bill outlines specific conditions for apprentices, including holding a license from a neighboring state and passing an examination. It also details procedures for claiming the credit and recognizes licenses from Ohio, Michigan, Illinois, and Kentucky. The bill aims to incentivize workforce development and apprenticeship programs.

Indiana HB1366 proposes a tax credit for employers who hire apprentices and recognizes licenses from neighboring states.

Indiana HB1366 introduces a tax credit for employers who hire apprentices, providing $2,500 per apprentice employed. The bill outlines specific conditions for apprentices, including holding a license from a neighboring state and passing an examination. It also details procedures for claiming the credit and recognizes licenses from Ohio, Michigan, Illinois, and Kentucky. The bill aims to incentivize workforce development and apprenticeship programs.