Scored 9/10 on whether it helps or hurts everyday people.
State would help pay for job training costs
Providing for Apprentice Education Expense Tax Credit Program and for powers of the Department of Revenue.
Good for everyday people ·
This bill would give people money back on taxes to help pay for learning a trade, making it cheaper to get a good job.
Our take
What we think, in plain words.
This bill would make it easier and cheaper for people to learn a skilled trade, like plumbing or electrical work. It would give them a tax credit, which means they would pay less in taxes if they are paying for apprentice schooling. This could help more people get good jobs without a lot of student debt. Supporters would say this is a good way to help the economy and fill important jobs. Others might worry about the cost to the state budget, as tax credits mean less money for other state programs.
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The facts
What the bill actually says, no spin.
- The bill would create a new program called the Apprentice Education Expense Tax Credit Program.
- This program would offer tax credits for costs related to apprentice education.
- It would change a part of the state's tax laws from 1971.
- The Department of Revenue would get new powers to run this program.
In the news
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Sources
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