The proposed bill, General Assembly Proposed Bill No. 5014, aims to amend title 12 of the general statutes to introduce a tax credit for taxpayers who commence apprenticeships in information technology through a qualified apprenticeship training program. This initiative is designed to encourage the development of skilled labor in the information technology sector by providing financial incentives for businesses that invest in apprenticeship programs.

The bill specifically establishes a credit against the tax imposed under chapter 208 of the general statutes, thereby promoting the growth of the information technology workforce. The introduction of this tax credit is intended to support both employers and apprentices, fostering a more robust and skilled labor market in the technology field.