The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Laura Gail Sullivan.
DIGEST
SB 24 Original 2015 Regular Session Nevers
Present law provides for apprenticeship tax credits. Provides that for all taxable periods beginning
after Dec. 31, 2007, and ending prior to Jan. 1, 2015, employers shall be allowed a non-refundable
apprenticeship tax credit against any La. individual or corporation income tax or corporation
franchise tax each tax year equal to one dollar for each hour of employment of each eligible
apprentice, not to exceed 1,000 hours for each eligible apprentice as provided in present law.
Proposed law extends the credits in present law for three years for taxable periods ending prior to
Jan. 1, 2018.
Effective upon signature of the governor or lapse of time for gubernatorial action.
(Amends R.S. 47:6033(B)(1))