IL HB1962

Creates an Office of the Apprenticeship Coordinator within the Department of Commerce and Economic Opportunity to develop programs helping individuals learn about, receive technical assistance in, and be placed in qualified apprenticeship programs across Illinois.

Requires the Office to provide comprehensive assistance to individuals and groups interested in apprenticeships, partnering with trade organizations, schools, community colleges, and institutions of higher education.

Directs the Office to study other states' apprenticeship approaches and make recommendations to the General Assembly and Governor on improving and expanding Illinois apprenticeship programs.

Establishes a tax credit against Illinois income tax for qualified apprentices equal to 100% of qualified costs incurred during the taxable year, capped at $2,000 per year, for taxable years ending December 31, 2022 and later.

Defines "qualified apprentice" as an Illinois resident at least 16 years old enrolled in a Department-certified apprenticeship program who becomes employed by an Illinois employer; defines "qualified costs" as tuition, books, fees, and expenses related to apprenticeship program enrollment.