3.0.0 2124 2023-01-11T13:29:33Z 2023-01-11T13:29:33Z Senate S 2015-10-01 114 ssfi00 Finance Committee Senate Standing Referred to 2015-10-01T20:30:07Z 2015-10-01 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2015-10-01 Introduced in Senate IntroReferral 10000 9 Library of Congress S000770 Sen. Stabenow, Debbie [D-MI] Debbie Stabenow D MI N Taxation Education programs funding Employment and training programs Higher education Income tax credits Licensing and registrations State and local taxation Taxation 00 2015-10-01 Introduced in Senate 2015-11-16T20:08:26Z New Skills for New Jobs Act

This bill directs the Department of the Treasury, on a quarterly basis, to make payments to an eligible community college in an amount equal to the aggregate new job tax withholding matches for qualified training provided to job trainees who are U.S. citizens. The bill defines "qualified training" as education or training to provide an individual with the education or skills necessary to perform the job for which such individual will be employed or with licenses or certificates necessary for such employment. Any job for which a trainee is hired must be a new job.

The bill defines "eligible community college" as a public institution of higher education: (1) at which the majority of degrees awarded are two-year degrees that are acceptable for full credit toward a baccalaureate degree, (2) that is located in a state that has a state new jobs tax credit program in effect, and (3) that participates in such program by having in effect a contract that meets specified requirements of such program.

]]> New Skills for New Jobs Act Display Title New Skills for New Jobs Act Official Title as Introduced A bill to establish a Federal tax credit approximation matching program for State new jobs training tax credits, and for other purposes. Introduced in Senate IS Short Titles as Introduced New Skills for New Jobs Act Introduced in Senate 2015-10-01T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s2124is/xml/BILLS-114s2124is.xml 2015-10-01 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.