Apprenticeship Tax Credits

The New & Emerging Industries Apprenticeship Tax Credit was created by HB24-1439 Financial Incentives Expand Apprenticeship Programs to encourage the adoption and expansion of Registered Apprenticeship Programs in the New & Emerging Industries. The Tax Credit is a refundable state income tax credit that employers of Registered Apprenticeship Programs in Colorado can claim for apprentices in "New & Emerging" occupations. Amount Per Employer: Max $12,600 per apprentice per income tax year. Qualifying taxpayers can claim up to ten apprentices per year for a maximum tax credit of $126,000. Fund your Registered Apprenticeship Program with the New & Emerging Industries Apprenticeship Tax Credit! Whether you are an organization interested in starting your own program or have an established program in education, healthcare, automotive services, and more, join Apprenticeship Colorado for an upcoming info session about this exciting funding opportunity. Learn more about eligibility and how to apply.