MI HB6593

Creates an apprenticeship tax credit for tax years beginning January 1, 2019, allowing taxpayers to claim 50% of qualified salary, wages, and fringe benefit expenses and 100% of qualified classroom instruction costs.

Sets credit limits at $2,000 per apprentice for most industries and $4,000 per apprentice for companies classified under NAICS codes 333511-333515 (machinery manufacturing).

Defines eligible apprentices as Michigan residents age 16 or older without a high school diploma, enrolled in high school or GED preparation, and trained through a program registered with the federal Bureau of Apprenticeship and Training with a minimum 4,000-hour term.

Makes credits refundable if they exceed tax liability and requires taxpayers to claim the credit on annual income tax returns or department-prescribed forms.

Requires the Department of Talent and Economic Development to prepare annual reports by March 1st detailing program participation, completion rates, post-apprenticeship employment outcomes, and fiscal impact, submitted to legislative tax and appropriations committees.