This bill provides financial incentives for employers to hire apprentices, helping to boost job training in infrastructure fields. It aims to support both new workers and veterans entering the workforce.
If you are an employer, hiring an apprentice could save you thousands in taxes.
Who this affects
Employers hiring apprentices · Individuals seeking jobs
What changes is this bill making?
1This bill offers tax credits to employers who hire apprentices.
2Employers can receive $3,000 for each apprentice they hire.
3If the apprentice is a veteran or military spouse, the credit increases to $6,000.
4The credit applies for the year the apprentice starts and possibly the next year.
5Eligible apprentices must be in infrastructure-related jobs.
