H. B. 2945
(By Delegates Klempa, Moore, D. Poling,
Rodighiero, Ellis, Iaquinta, J. Miller, Pethtel,
Fragale and Hutchins)
[Introduced February 8, 2007; referred to the
Committee on Industry and Labor, Economic Development and Small
Business then Finance.]
A BILL to amend the Code of West Virginia, 1931, as amended, by
adding thereto a new article, designated, §11-13W-1, relating
to providing for tax credits for apprenticeship training in
construction trades.
Be it enacted by the Legislature of West Virginia:
That the Code of West Virginia, 1931, as amended, be amended
by adding thereto a new article, designated §11-13W-1, to read as
follows:
ARTICLE 13W. APPRENTICESHIP TRAINING TAX CREDITS.
§11-13W-1. Tax credits for apprenticeship training in construction
trades.
(a) There shall be allowed a credit for any taxpayer against
the tax imposed under this chapter for any income year with respect
to wages paid to apprentices in the construction trades, by such
taxpayer in such year that the apprentice and taxpayer participate
in a qualified apprenticeship training program, as described in this section, which: (1) Is jointly administered by labor and
management trustees; (2) is administered pursuant to 29 U.S.C.
Section 186(c); and (3) is certified in accordance with regulations
adopted by the United States Bureau of Apprenticeship and Training.
The tax credit shall be in an amount equal to four dollars per hour
multiplied by the total number of hours worked during the income
year by apprentices, provided the amount of credit allowed for any
income year with respect to each such apprentice may not exceed
five thousand dollars or fifty percent of actual wages paid in such
income year for such apprenticeship, whichever is less.
(b) For purpose of this section, a qualified apprenticeship
training program shall require at least two thousand but not more
than ten thousand hours of on the job apprenticeship training for
certification of such apprenticeship by the United States Bureau of
Apprenticeship and Training. The amount of credit allowed any
taxpayer under this section for any income year may not exceed the
amount of tax due from such taxpayer under this chapter with
respect to such income year.
NOTE: The purpose of this bill is to create a tax credit for
apprenticeship training in construction trades.
Strike-throughs indicate language that would be stricken from
the present law, and underscoring indicates new language that would
be added.