AN ACT CONCERNING THE APPRENTICESHIP TRAINING TAX CREDIT.

Plain English Breakdown

The bill summary does not provide information about the intent or impact on apprentice workers directly, only on the tax credit for employers.

Increasing Apprenticeship Training Tax Credit

This act increases the maximum amount of tax credit for companies that pay wages to apprentices in construction trades from $4,000 to $7,500 per apprentice.

What This Bill Does

• Increases the maximum tax credit a company can get for paying apprentices' wages in construction trades.
• Changes the current limit on this tax credit from $4,000 to $7,500 per apprentice.

Who It Names or Affects

• Companies that pay wages to apprentices in construction trades

Terms To Know

Tax Credit

A reduction in the amount of tax a company has to pay based on certain activities, like hiring apprentices.

Construction Trades

Jobs and skills related to building or repairing structures such as buildings, roads, bridges, etc.

Limits and Unknowns

• The bill does not specify how the increase will affect other industries besides construction.
• It is unclear if there are any limits on how many apprentices a company can claim for this tax credit.

Official Summary Text

To increase the maximum amount of the corporation business tax credit for wages paid to apprentices in the construction trades from four thousand dollars to seven thousand five hundred dollars per apprentice.

Current Bill Text

LCO No. 510 1 of 1

General Assembly Proposed Bill No. 5060
February Session, 2026 LCO No. 510

Referred to Committee on FINANCE, REVENUE AND
BONDING

Introduced by:
REP. ACKERT, 8th Dist.

AN ACT CONCERNING THE APPRENTICESHIP TRAINING TAX
CREDIT.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:

That subsection (c) of section 12 -217g of the general statutes be 1
amended to increase the maximum amount of the corporation business 2
tax credit for wages paid to apprentices in the construction trades from 3
four thousand dollars to seven thousand five hundred dollars per 4
apprentice. 5
Statement of Purpose:
To increase the maximum amount of the corporation business tax credit
for wages paid to apprentices in the construction trades from four
thousand dollars to seven thousand five hundred dollars per
apprentice.