§ 105-129.11. (See Editor's note for repeal) Credit for worker training.
§ 105‑129.11. (SeeEditor's note for repeal) Credit for worker training.
(a) Credit. Ataxpayer that provides worker training for five or more of its eligibleemployees during the taxable year is allowed a credit equal to the wages paidto the eligible employees during the training. Wages paid to an employeeperforming his or her job while being trained are not eligible for the credit.For positions located in an enterprise tier one area, the credit may not exceedone thousand dollars ($1,000) per employee trained during the taxable year. Forother positions, the credit may not exceed five hundred dollars ($500.00) peremployee trained during the taxable year. A position is located in an area ifmore than fifty percent (50%) of the employee's duties are performed in thearea.
(b) Eligibility. Anemployee is eligible if the employee is in a full‑time position notclassified as exempt under the Fair Labor Standards Act, 29 U.S.C. § 213(a)(1)and meets one or more of the following conditions:
(1) The employeeoccupies a job for which the taxpayer is eligible to claim an installment ofthe credit for creating jobs.
(2) The employee isbeing trained to operate machinery and equipment for which the taxpayer iseligible to claim an installment of the credit for investing in machinery andequipment. (1996,2nd Ex. Sess., c. 13, s. 3.3; 1997‑277, s. 1; 1998‑55, s. 1; 1999‑360,s. 1; 2000‑173, s. 1(a).)