HB 2945 Text

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.

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