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Relating to a sales and use tax refund pilot program for certain persons who employ apprentices.
Estimated Twoyear Net Impact to General Revenue Related Funds for SB1524, As Engrossed: a negative impact of ($1,756,000) through the biennium ending August 31, 2023. The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
SB 1524 would create a limited sales, excise, and use tax refund pilot program for employers who employ between 1 and 6 apprentices. The bill would cap the number of employers able to seek a refund through the program at 100, during any given time.
Texas Action opposes SB 1524 because it violates the limited government and free-market principles. While we sympathize with the bill's aim to incentivize apprenticeships, this bill would create a program that distorts the market by giving preferential tax treatment to a certain class of taxpayers. The state should not use tax refunds to subsidize apprenticeship programs.
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