Louisiana Administrative Code › Title 40 - LABOR AND EMPLOYMENT › Part IX - Apprenticeship › Chapter 7 - Apprenticeship Tax Credit › Section IX-707 - Eligibility

Current through Register Vol. 50, No. 6, June 20, 2024
A. Any taxpayer who
				employs an eligible apprentice duly indentured and registered under the
				approved Standards of Apprenticeship terms of a state apprenticeship program or
				a person who is enrolled in a training program accredited by the National
				Center for Construction Education and Research which has no less than four
				levels of training and no less than 500 hours of instruction is entitled to a
				non-refundable apprentice tax credit against any Louisiana individual or
				corporation income tax or corporation franchise tax each tax year equal to $1
				for each hour of employment of each eligible apprentice, not to exceed 1,000
				hours for each eligible apprentice provided such apprenticeships meet the
				following requirements.
1. A pre-apprentice
				shall not be considered to be an eligible apprentice, and a pre-apprentice is
				therefore not eligible for tax credits under this regulation.
2. For state apprenticeship training programs
				and for purposes of this tax credit only, the tax credit shall be limited to
				programs which are not less than 4,000 hours (2 years) of on the job training
				nor more than 10,000 hours (5 years) of on the job training according to the
				approved Standards of Apprenticeship.
3. Existing procedures and policies for the
				awarding of advanced status to apprentices for previous training or work
				experience will remain in effect. Time awarded in recognition of satisfactory
				completion of previous training or work experience shall not be eligible for a
				tax credit.
4. In accordance with
				Louisiana apprenticeship law, rule and policy, a finding that a state
				apprenticeship program is not in compliance with its approved standards of
				apprenticeship shall be sufficient cause for revocation of tax credit
				eligibility. Such revocation shall be applied regardless if the program sponsor
				is an employer, an association of employers, or an organization of employees
				for a period of one year or until such program has established compliance with
				said standards.
5. For NCCER
				apprentices, the state Department of Revenue shall determine, through rules,
				the enrollment and transcript data required from the National Center for
				Construction Education and Research for students enrolled in one of its
				accredited training programs which is sufficient for the department to
				determine the employer's eligibility for, and the amount of the credit,
				authorized by Public Act 472.
6. In
				order to be eligible for the tax credit, an NCCER apprentice enrolled in a
				training program accredited by the National Center for Construction Education
				and Research must have successfully completed no less than two levels of
				training and no less than 250 hours of instruction. Employers requesting the
				tax credit shall receive such tax credit only after such eligibility has been
				met and confirmed. The tax credit shall only apply to hours completed after the
				initial requirement has been met.