New legislation introduced to provide businesses tax credits for training programs

Sen. Allard, R-Colo., recently introduced new legislation (S. 1625, The Apprenticeship Training and Education Act of 2003) that would provide a tax credit of as much as $10,000 per year for the first two years for an apprentice’s four-year training program. The apprenticeship programs would only be available to construction trades recognized by the Bureau of Labor Statistics and approved by the U.S.

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