INC TX-APPRENTICESHIP CREDIT

Amends the Illinois Income Tax Act. Provides that an apprentice who is hired by the taxpayer through the United States Department of Defense SkillBridge internship program is considered a qualifying apprentice for the purpose of the apprenticeship education expense credit. Provides that, in the case of an employee participating in the SkillBridge program, the credit shall be equal to $3,500 per qualifying apprentice. Effective immediately. Senate Floor Amendment No. 1 Removes provisions of the introduced bill providing that, in the case of an employee participating in the SkillBridge program, the credit shall be equal to $3,500 per qualifying apprentice.