CHICAGO – A bill sponsored by State Senator Ann Gillespie (D-Arlington Heights) that would give employers a tax break for assisting apprentices with tuition was signed into law by Gov. JB Pritzker today.
“When I came to Springfield, I wanted to provide young people with affordable, alternative learning opportunities,” said Gillespie. “This credit will incentivize employers to make meaningful investments in their labor force and give young people marketable job skills.”
Senate Bill 1591 creates a tax credit of $3,500 to incentivize employers to assist apprentices with tuition at Illinois community colleges. The credit is limited to employers engaged in a registered apprenticeship program with the U.S. Department of Labor. This measure is an initiative of the Office of the Governor.
Senate Bill 1591 is effective immediately.