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HB 590 Kentucky House · 2025 Regular Session

AN ACT relating to an apprenticeship tax credit.

Summary
Create a new section of KRS Chapter 141 to establish an income tax credit for employers that maintain an aprenticeship program and hire apprentices; amend KRS 141.0205 to order the credit; amend KRS 131.190 to allow the Department of Revenue to report on the credit.
Issues: ✓ Budget & TaxesSupports Budget & TaxesCreates corporate income tax credit for employers maintaining apprenticeship programs, providing tax relief to incentivize workforce development and aligns with tax policy support indicators.90% confidence ✓ Labor & EmploymentSupports Labor & EmploymentCreates tax credit for employers maintaining apprenticeship programs, directly supporting workforce development and job training initiatives under Labor & Employment.90% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 14, 2025 Last action Feb 21, 2025
Floor votes

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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
2
Feb 21, 2025
Committee
to Appropriations & Revenue (H)
lower
Feb 14, 2025
Committee
to Committee on Committees (H)
lower
Feb 14, 2025
Introduced
introduced in House
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.