Summary: H.R.1781 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for H.R.1781. Bill summaries are authored by CRS.

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Introduced in House (04/14/2015)

Workforce Development Tax Credit Act of 2015

Amends the Internal Revenue Code to allow a business-related tax credit for: (1) 50% of wages (up to $2,000) paid to an apprenticeship employee during an apprenticeship period, and (2) 40% of wages (up to $6,000) paid to such an employee during a post-apprenticeship period. Defines "apprenticeship employee" as any employee employed by an employer pursuant to an apprentice agreement registered with the Office of Apprenticeship of the Employment and Training Administration of the Department of Labor.