Bill Texts: IN SB0541 | 2017 | Regular Session

Bill Title: Employer training expense tax credit. Establishes a tax credit against state tax liability for expenditures and donations made on behalf of an employee or student to meet the requirements for portable workforce credentials that are required or beneficial for targeted employment in manufacturing, health care, information technology, or logistics that is critical to or emerging as needed by employers to conduct business in Indiana. Limits the tax credit to $40,000 per employer and $5,000 per employee or student in each taxable year, and limits the aggregate total of all tax credits that may be claimed by all taxpayers for expenditures

Spectrum: Partisan Bill (Republican 4-0)

Status: (Introduced - Dead) 2017-01-30 - Senator Holdman added as third author [SB0541 Detail]

Bill Drafts

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Introduced2017-01-17PDFLinkView

Amendments

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No bill amendments currently on file for Indiana SB0541

Supplemental Documents

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No supplemental documents for Indiana SB0541 currently on file.

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