Workforce Development Tax Credit Act of 2017
- Last Action
- 2/16/2017
Actions
- 2017-02-16Referred to the House Committee on Ways and Means.
- 2017-02-16Introduced in House
- 2017-02-16Introduced in House
CRS Summary
As of 2017-02-16 (00)
Workforce Development Tax Credit Act of 2017
This bill amends the Internal Revenue Code to allow a business-related tax credit for: (1) 50% of wages (up to $2,000) paid to an apprenticeship employee during an apprenticeship period, and (2) 40% of wages (up to $6,000) paid to such an employee during a post-apprenticeship period. The bill defines "apprenticeship employee" as any employee employed by an employer pursuant to an apprentice agreement registered with the Office of Apprenticeship of the Employment and Training Administration of the Department of Labor or a recognized state apprenticeship agency.
Cosponsors (11)
- Bradley Byrne (R-AL)
- TIM RYAN (D-OH)
- Carol Shea-Porter (D-NH)
- SHEILA JACKSON LEE (D-TX)
- Elizabeth Esty (D-CT)
- GREGORY MEEKS (D-NY)
- RON KIND (D-WI)
- Robin Kelly (D-IL)
- RICHARD NOLAN (D-MN)
- Derek Kilmer (D-WA)
- Cheri Bustos (D-IL)
Subjects
- Employment and training programs
- Income tax credits
- Wages and earnings
Sourced from Congress.gov (public domain).
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