ND HB1383

Establishes an income tax credit equal to 10 percent of stipend or salary paid to qualified apprentices employed in North Dakota by the taxpayer.

Applies to apprentices in federally-regulated apprenticeship programs under title 29, Code of Federal Regulations, or apprentice electricians registered under North Dakota law, with required certification from the U.S. Department of Labor.

Limits aggregate credits to $3,000 total across all taxable years combined and applies only to compensation for no more than five apprentices employed simultaneously.

Credits cannot exceed the taxpayer's income tax liability for the year and cannot be carried back or forward to other years.

Effective for taxable years beginning after December 31, 2022.