IL HB3166

Creates a tax credit for wages paid to apprentices in qualified apprenticeship programs in manufacturing, plastics, or construction trades, effective for tax years beginning January 1, 2016.

Credit equals the lesser of 50% of wages paid to each apprentice per year or $4,800 per apprentice, with no reduction of tax liability below zero.

Qualified apprenticeship programs must be certified by the Department of Commerce and Economic Opportunity and last at least 4 years in duration.

Unused credits may be carried forward for up to 5 taxable years, applied to earliest available tax liabilities first.

Credit is exempt from automatic sunset provisions under the Illinois Income Tax Act and becomes effective immediately upon enactment.