HB217 Alabama 2016 Session
Bill Summary
This bill would provide an income tax credit of $1,000 to an employer for each qualified apprentice of an employer and would also cap the cumulative tax credits allowed at $3,000,000 for the first two tax years following the passage of the bill and $5,000,000 for each tax year thereafter
This bill would also require the Workforce Development Division of the Department of Commerce to provide an annual report to certain legislative committees regarding the effectiveness of the program
Relating to taxation; to provide definitions; to provide a tax credit for employers that employ an apprentice; to provide a cumulative cap on tax credits allowed; to provide rulemaking authority; and to require the Workforce Development Division of the Department of Commerce to provide an annual report to certain legislative committees.
Bill Actions
Action Date | Chamber | Action |
---|---|---|
February 11, 2016 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means Education |
Bill Calendar
Type | Date | Location | Description |
---|---|---|---|
Hearing | February 17, 2016 | Room 200 at 09:00 | House W&ME Public Hearing |
Bill Text
Bill Documents
Type | Link |
---|---|
Bill Text | HB217 Alabama 2016 Session - Introduced |