Bills · 2017-2018 Regular Session
Relating to: a tax credit for hiring certain apprentices from the Milwaukee Institute of Art and Design. (FE)
Apprenticeship Business Colleges and universities Franchise — Taxation Fraud Income tax — Credit
- Introduced, stopped here
- Passes Senate, not reached
- Passes Assembly, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
This bill allows a business to claim an income and franchise tax credit equal to
$2,500 for each employee who is employed through the Milwaukee Institute of Art
and Design apprenticeship program funded by an American Apprenticeship
Initiative grant through the United States Department of Labor. To claim the credit,
the business must be located in this state and engaged in a design apprenticeship
activity consistent with the purposes for which the school received the grant. The
maximum amount of the credit that may be claimed for all claimants and all taxable
years is $750,000.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Full history
- Mar 16, 2017 · Senate
Introduced by Senators C. Larson, Johnson and L. Taylor; cosponsored by Representatives Brostoff, Sinicki, Goyke, Kessler, Berceau, Sargent and Zamarripa
- Mar 16, 2017 · Senate
Read first time and referred to Committee on Revenue, Financial Institutions and Rural Issues
- Mar 21, 2017 · Senate
Representative Spreitzer added as a cosponsor
- Mar 24, 2017 · Senate
Fiscal estimate received
- Mar 28, 2018 · Senate
Failed to pass pursuant to Senate Joint Resolution 1