CBIA and its manufacturing partners are working to expand apprenticeship opportunities for Connecticut manufacturing.
Below are some recent developments concerning those efforts.
Expanding the Apprenticeship Tax Credit
The legislature's Commerce Committee held a public hearing on HB 7064, which expands the existing apprenticeship tax credit to pass-through entities such as LLCs and S-Corps that pay their business taxes through their income tax.
CBIA testified in support of the bill at the public hearing.
Last year, the bill passed the state House and Senate unanimously, was vetoed by the Governor, and subsequently overturned in the House.
The Senate did not take up the measure in its veto session. Strong bipartisan support is expected again this year.
It increases the allowable hiring ratios regarding apprentices, journeymen and contractors. The bill is currently awaiting a vote in the committee.
Labor Department Update
The Connecticut Department of Labor is offering customized apprenticeship and pre-apprenticeship programs, with up to $22,000 per apprentice.
These dollars can be used for wage subsidies and tuition reimbursements.
Manufacturers are finding these programs helpful for enhancing productivity and profitability.
- DOL’s apprenticeship programs, including Connecticut’s Manufacturing Innovation Fund
- American Apprenticeship Initiative