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IN HB1322
Bill
Status
1/12/2017
Primary Sponsor
Edward Clere
Click for details
AI Summary
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Establishes a tax credit for Indiana employers whose employees complete requirements for portable workforce credentials (certificates, certifications, or licenses) needed for high wage, high demand jobs.
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Creates an online search tool operated by the Indiana Economic Development Corporation to identify portable workforce credentials and match them to high wage, high demand jobs across various industry sectors.
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Allows employers to claim tax credits based on increases in incremental income tax withholdings from employees who earn credentials, with credits available for up to 36 months after credential award.
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Defines portable workforce credentials as meeting criteria of portability (third-party authenticated competencies), uniformity (standardized exams and demonstrations), and applicability (requirements kept current with industry standards).
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Becomes effective July 1, 2017, and grants the Corporation immunity from civil liability for acts or omissions related to the online search tool.
Legislative Description
Employee training tax credits. Provides a tax credit to employers who complete the requirements for a portable workforce credential that is required for a high wage, high demand job.
Last Action
First reading: referred to Committee on Ways and Means
1/12/2017