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2019 SESSION

• | print version

HB 2241 Green job training; creates tax credit.

Introduced by: Karrie K. Delaney | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Green job training tax credit. Creates an income tax credit beginning in taxable year 2019 for the expenses incurred by taxpayers in the training and transitioning of fossil fuel workers, defined in the bill, to jobs in the green energy sector. The credit equals $1,000 per employee that is transitioned to the green energy sector. In order to qualify for the credit, the worker must become employed by the taxpayer in a green job during the taxable year.

The Tax Commissioner shall establish guidelines for claiming the credit. Any unused credit may be carried forward by the taxpayer for five taxable years following the taxable year for which the credit was issued. The credit expires beginning with taxable year 2024.

FULL TEXT

• 01/08/19  House: Prefiled and ordered printed; offered 01/09/19 19103436D  pdf | impact statement

HISTORY

• 01/08/19  House: Prefiled and ordered printed; offered 01/09/19 19103436D
• 01/08/19  House: Referred to Committee on Finance
• 01/15/19  House: Assigned Finance sub: Subcommittee #1
• 01/16/19  House: Subcommittee recommends passing by indefinitely (5-Y 3-N)
• 02/05/19  House: Left in Finance