3.0.0 1193 2023-01-11T13:36:25Z 2023-01-11T13:36:25Z Senate S 2017-05-22 115 ssfi00 Finance Committee Senate Standing Referred to 2017-05-22T20:23:37Z Better Education and Skills Training for America's Workforce Act 115 2865 HR 2017-06-08 Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. Identical bill CRS 2017-05-22 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2017-05-22 Introduced in Senate IntroReferral 10000 9 Library of Congress M000639 Sen. Menendez, Robert [D-NJ] Robert Menendez D NJ N Taxation Business investment and capital Employment and training programs Higher education Income tax credits Student aid and college costs Taxation 00 2017-05-22 Introduced in Senate 2017-09-13T18:58:49Z Better Education and Skills Training for America's Workforce Act

This bill amends the Internal Revenue Code to allow tax credits for: (1) qualified training expenses paid with respect to U.S.-based positions for job trainees who have been unemployed for at least 90 days before enrolling in a training program and have not been employed by the taxpayer during the two-year period before the trainee was hired, and (2) investment in a qualified job training partnership between a private business and an institution of higher education or a labor organization.

The bill defines "qualified training expenses" as an eligible trainee's qualified tuition costs, which may include costs for books and enrollment in a training program at an institution of higher education that may include a single course, multiple courses, or a combination of work training and study and that is reasonably necessary for employment with the taxpayer. It terminates the credit for qualified training expenses of job trainees after December 31, 2028.

The bill also: (1) requires the Department of the Treasury to establish a Qualified Job Training Partnership program to consider and award certifications for qualified investments eligible for credits to qualified job training partnerships, and (2) authorizes Treasury to make grants to individuals who make an investment in a qualified job training partnership, in lieu of a tax credit.

]]> Better Education and Skills Training for America's Workforce Act Display Title Better Education and Skills Training for America's Workforce Act Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to provide a credit for employer-provided job training, and for other purposes. Introduced in Senate IS Short Titles as Introduced Better Education and Skills Training for America's Workforce Act Introduced in Senate 2017-05-22T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s1193is/xml/BILLS-115s1193is.xml 2017-05-22 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.