Wisconsin Senate Bill SB747

Wisconsin 2023-2024 Regular Session

• Introduced: 12/8/23
• Refer: 12/8/23
• Failed: 4/15/24

Caption

Apprenticeship and youth apprenticeship completion awards, career and technical education incentive grants and completion awards, technical preparation programs in school districts and technical colleges, creating an individual income tax credit for completing an apprenticeship program, rejection criteria for part-time open enrollment applications, extending the time limit for emergency rule procedures, and providing an exemption from emergency rule procedures. (FE)

Impact

The bill's proposed changes aim to simplify access to financial support for apprentices and youth apprentices alike. By allowing a broader range of reimbursable eligible expenses, SB747 seeks to alleviate the financial burden on those pursuing vocational training. Notable reforms include the ability for youth apprentices to receive completion awards for their apprenticeship expenses, potentially stimulating greater interest in apprenticeship pathways among young people. The introduction of an income tax credit for apprentices further enhances the appeal of these programs.

Summary

Senate Bill 747 addresses the topic of apprenticeship and youth apprenticeship completion awards while also introducing incentive grants for career and technical education. The bill proposes to amend various statutes to streamline apprenticeship funding mechanisms, allowing for reimbursement for eligible expenses related to apprenticeships, including tuition and required materials. Additionally, it introduces income tax credits for individuals who successfully complete their apprenticeship programs, encouraging greater participation in the state's workforce training initiatives.

Contention

Despite its positive intentions, the bill may face scrutiny regarding funding allocations and the effectiveness of its provisions. Questions arise around the sustainability of funding for the apprenticeship completion awards and the potential impacts on the budget. Additionally, there may be concerns from educational institutions about how changes to apprenticeship funding will affect their programs and student enrollment. These discussions highlight the need for careful consideration of both the immediate and long-term outcomes of increased financial support for apprenticeship initiatives within the state.