$1,500 Missouri Tax Credits for Internships and Apprenticeships: What Is It? - Aman Jain, 247Wallet

Missouri Gov. Parson signed legislation, called the Intern and Apprentice Recruitment Act, which is included in House Bill 417. This legislation, which easily passed the legislature earlier this year, encourages businesses to boost the number of interns or apprentices. The new legislation “will help increase apprenticeship opportunities, strengthen our workforce, and give Missourians the skills and on-the-job training they need to be successful in their chosen careers,” Gov. Parson said. Under this new legislation, companies will get a $1,500 tax credit for each paid intern or apprentice up to $9,000 for six such positions. A point to note is that the Missouri tax credits for internships and apprenticeships apply only to newly created positions.

https://247wallst.com/economy/2023/08/11/1500-missouri-tax-credits-for-internships-and-apprenticeships-what-is-it/