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CT SB00125

CT SB00125
An Act Concerning A Task Force To Study Additional Business Tax Credits For Participation In Apprenticeship Programs.


summary

Introduced
01/08/2025
In Committee
01/08/2025
Crossed Over
Passed
Dead
06/04/2025

Introduced Session

2025 General Assembly

Bill Summary

To establish a task force to study the provision of additional tax credits for businesses that participate in an apprenticeship program.

AI Summary

This bill seeks to establish a task force dedicated to studying the potential expansion of tax credits for businesses that participate in apprenticeship programs. The task force will examine ways to provide additional financial incentives for companies that engage in apprenticeship training, which typically involves employers offering structured on-the-job training and classroom instruction to help individuals learn a skilled trade or profession while earning a wage. By exploring new or enhanced tax credits, the bill aims to encourage more businesses to invest in workforce development and provide career pathways for workers, particularly in industries that require specialized skills. The task force will likely investigate the current landscape of apprenticeship programs, assess the potential economic and workforce benefits of expanded tax credits, and develop recommendations for how such credits could be implemented to support both businesses and workers.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding (on 01/08/2025)

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