Concerning an income tax credit for Colorado businesses that offer high-quality apprenticeships for top jobs, and, in connection therewith, making an appropriation.
2016 Regular Session
Fiscal Policy & Taxes
The bill provides an income tax credit to qualified Colorado businesses that meet certain criteria and retain a resident, apprentice, or individual in a construction industry pre-apprenticeship program or in a construction industry apprentice program. The credit is administered by the Colorado department of labor and employment.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)