CT HB06921

Increases the construction trades apprenticeship tax credit from $4,000 to $7,500 per apprentice per income year, effective January 1, 2024, calculated as $2 per hour multiplied by total hours completed toward program completion.

Maintains the credit cap at the lesser of $7,500 or 50% of actual wages paid over the first four income years of the apprenticeship.

Requires apprenticeship program sponsors registered with the Labor Department as of July 1, 2024, to annually submit detailed reporting data including completion rates, number of participating apprentices, journeypersons employed, apprentice advancement, separations, completions, and employment outcomes.

Mandates that all reported apprenticeship data be disaggregated by gender identity, race, and ethnicity and made available as public records.

Maintains existing registration fees: $25-$50 per apprentice annually and $60 per apprentice per year for program sponsors, with 50% of collected fees deposited to the General Fund and 50% to a Labor Department nonlapsing appropriation for apprentice training administration.