3.0.0 1352 2023-01-11T13:37:37Z 2023-01-11T13:37:37Z Senate S 2017-06-14 115 ssfi00 Finance Committee Senate Standing Referred to 2017-06-14T17:31:08Z Apprenticeship and Jobs Training Act of 2017 115 3707 HR 2017-09-07 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 2017-06-14 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S3489-3490) IntroReferral 2017-06-14 Introduced in Senate IntroReferral 10000 9 Library of Congress C000127 Sen. Cantwell, Maria [D-WA] Maria Cantwell D WA N C001035 Sen. Collins, Susan M. [R-ME] Susan Collins R ME M. 2017-06-14 True K000367 Sen. Klobuchar, Amy [D-MN] Amy Klobuchar D MN 2017-06-14 True G000555 Sen. Gillibrand, Kirsten E. [D-NY] Kirsten Gillibrand D NY E. 2017-06-21 False S000770 Sen. Stabenow, Debbie [D-MI] Debbie Stabenow D MI 2018-02-07 False C001113 Sen. Cortez Masto, Catherine [D-NV] Catherine Cortez Masto D NV 2018-05-21 False K000384 Sen. Kaine, Tim [D-VA] Timothy Kaine D VA M. 2018-06-06 False Taxation Congressional oversight Employee benefits and pensions Employment and training programs Government studies and investigations Income tax credits Income tax exclusion Military education and training Wages and earnings Taxation 00 2017-06-14 Introduced in Senate 2017-09-18T20:36:26Z Apprenticeship and Jobs Training Act of 2017

This bill amends the Internal Revenue Code to allow employers a business-related tax credit for up to $5,000 for the training of a qualified individual in a qualified apprenticeship program or multi-employer apprenticeship program.

A "qualified individual" is an individual who: (1) is an apprentice participating in a qualified apprenticeship program or multi-employer apprenticeship program, (2) has been employed in either program for a period of at least seven months that ends within the taxable year, and (3) is not a highly compensated employee or a seasonal worker.

A "qualified apprenticeship program" is a program that: (1) provides qualified individuals with on-the-job training and instruction for a qualified occupation (i.e., a skilled trade occupation in a high-demand mechanical, technical, health care, or technology field); (2) is registered with the Office of Apprenticeship of the Department of Labor or a state apprenticeship agency recognized by the office; and (3) maintains records relating to the qualified individual.

A "qualified multi-employer apprenticeship program" is a program in which multiple employers are required to contribute and that is maintained pursuant to one or more collective bargaining agreements.

The bill also allows certain distributions, without penalty, from retirement and pension plans to an employee who is serving as a mentor. A "mentor" is a working individual who: (1) has attained age 55; (2) works reduced hours and engages in mentoring activities for at least 20% of such hours; and (3) is responsible for the training and education of employees or students in an area of expertise for which such individual has a professional credential, certificate, or degree.

]]> Apprenticeship and Jobs Training Act of 2017 Display Title Apprenticeship and Jobs Training Act of 2017 Official Title as Introduced A bill to establish a tax credit for on-site apprenticeship programs, and for other purposes. Introduced in Senate IS Short Titles as Introduced Apprenticeship and Jobs Training Act of 2017 Introduced in Senate 2017-06-14T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s1352is/xml/BILLS-115s1352is.xml 2017-06-14 Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S3489-3490) 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.