HB136 Alabama 2010 Session

Summary

Primary Sponsor

Barry Mask

Republican

Session

Regular Session 2010

Title

Income tax, employer and employees, income tax credit for educational advancement and training to be defined by workforce development

Description

Anticipated growth for the Alabama economy will require skill levels beyond those gained in high school. Almost all workers will need training and education at the postsecondary level. Employers in Alabama still have difficulties finding and hiring enough job candidates with employable skills necessary in the state's advancing economy.

This bill proposes, as a monetary inducement or incentive for adult workers to seek educational advancement and training for both higher paying and more demanding jobs, an income tax credit for both the employee and the employer based on the costs associated with the additional education and training for these positions.

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Subjects

Taxation