Williams Backs Initiative to Expand Job Creation Programs, Apprenticeship Tax Credits Becomes Law

Illinois

Midwest / Illinois 35 Views

Continuing his efforts to bring local economic growth to the region, state Rep. Jawaharial “Omar” Williams, D-Chicago, supported legislation to help boost economic development in Illinois by investing in businesses that invest in local jobs and apprenticeships that lead to good-paying employment opportunities.

“It is important to the residents in my district that we help grow local communities by securing economic opportunities here in Illinois,” said Williams. “We need to create sustainable jobs with good paying wages to help the local families in my community.”

Rep. Williams backed Senate Bill 1591 to create a new tax credit for taxpayers who employ apprenticeships in their businesses. There is a $3,500 limit on the credit that is raised to $5,000 in situations where the business or apprentice is in an area with high poverty or unemployment. Williams’ initiative extends a tax credit for a wide range of research and development projects including software programs, manufacturing materials and an array of consumer products. The measure passed both the state House and Senate and was signed into law.

“We are rapidly facing a shortage of skilled workers in the region,” said Williams. “This measure helps us support efforts to build a stronger Illinois and provide hands-on education for a new generation of skilled workers while also generating good jobs to quickly rebuild local communities.”

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