Tax credits for employers hiring apprentices and government printing cost reduction.
This act introduces tax credits for employers who hire individuals in qualified apprenticeship programs, potentially increasing job opportunities for both young and older apprentices. Additionally, it aims to reduce government printing costs by promoting digitalization, while ensuring essential information remains accessible to those without internet access.
Key points
Businesses can receive a tax credit for hiring apprentices: $1,500 for those under 25 and $1,000 for those 25 and older, for up to two years.
The credit applies to apprentices in officially recognized occupations, registered with relevant agencies.
The act seeks to reduce government printing costs by moving publications online, except for essential documents for seniors and those with limited internet access.
All printed government publications will be required to disclose production costs and copy numbers, increasing transparency of public spending.
Expired
Additional Information
Print number: 117_HR_5972
Sponsor: Rep. Davis, Rodney [R-IL-13]
Process start date: 2021-11-15