Minnesota HF444 proposes income tax credits for graduates of aerospace and aviation programs and their employers.

Minnesota HF444 proposes an income tax credit for graduates of aerospace and aviation-related educational programs and employers of such graduates. The bill defines "qualified employee" as someone employed by an entity in the aviation and aerospace sector, who has a degree or certification related to aviation or aerospace. The credit for qualified employees is $5,000 annually for the first five years of employment, up to $15,000 per year. Employers can claim a credit for tuition reimbursement and compensation paid to qualified employees.

Minnesota HF444 proposes income tax credits for graduates of aerospace and aviation programs and their employers.

Minnesota HF444 proposes an income tax credit for graduates of aerospace and aviation-related educational programs and employers of such graduates. The bill defines "qualified employee" as someone employed by an entity in the aviation and aerospace sector, who has a degree or certification related to aviation or aerospace. The credit for qualified employees is $5,000 annually for the first five years of employment, up to $15,000 per year. Employers can claim a credit for tuition reimbursement and compensation paid to qualified employees.