MS SB2609

Extends the repeal date for the employer skills training income tax credit from July 1, 2012 to July 1, 2016

Provides a 50% income tax credit to employers who sponsor skills training programs through their local community or junior college

Limits the credit to a maximum of $2,500 per employee per year and caps usage at 50% of the employer's income tax liability in any tax year

Allows unused credits to be carried forward for up to 5 successive years, but excess amounts are not refundable after that period

Requires employers to be certified as eligible by both their local community/junior college and the Department of Revenue