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MN SF2848

Bill

Status

Introduced

3/21/2014

Primary Sponsor

Bernhard Eken

Click for details

Origin

Senate

88th Legislature 2013-2014

AI Summary

  • Expands eligible institutions to include graduate degree-granting colleges and universities, and allows eligible students to include those pursuing graduate degrees.

  • Reduces minimum internship duration from 12 weeks to 8 weeks while maintaining the requirement of at least 16 hours per week at minimum wage.

  • Delays legislative reporting deadlines by one year, with initial report due February 1, 2016 instead of 2015, and effectiveness analysis due February 1, 2017 instead of 2016.

  • Maintains existing program requirements including written agreements between employers and institutions, $2,000 maximum credit per intern, and annual reporting on number of interns hired, hours worked, and compensation paid.

Legislative Description

Higher education internship tax credit modification

Last Action

Referred to Taxes

3/21/2014

Committee Referrals

Taxes3/21/2014

Full Bill Text

No bill text available