3.0.0 3779 2023-01-11T13:42:38Z 2023-01-11T13:42:38Z Senate S 2020-05-20 116 ssfi00 Finance Committee Senate Standing Referred to 2020-05-20T20:19:51Z Skills Renewal Act 116 7032 HR 2020-05-27 Referred to the House Committee on Ways and Means. Identical bill CRS 2020-05-20 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2020-05-20 Introduced in Senate IntroReferral 10000 9 Library of Congress K000367 Sen. Klobuchar, Amy [D-MN] Amy Klobuchar D MN N S001197 Sen. Sasse, Ben [R-NE] Ben Sasse R NE 2020-05-20 True B001288 Sen. Booker, Cory A. [D-NJ] Cory Booker D NJ 2020-05-20 True S001184 Sen. Scott, Tim [R-SC] Tim Scott R SC 2020-05-20 True Taxation Cardiovascular and respiratory health Computers and information technology Emergency medical services and trauma care Employment and training programs Income tax credits Infectious and parasitic diseases Tax administration and collection, taxpayers Unemployment Vocational and technical education Taxation 00 2020-05-20 Introduced in Senate 2020-06-25T19:47:11Z Skills Renewal Act

This bill allows eligible individuals a refundable tax credit, up to $4,000 in a taxable year, for expenses paid for qualified training services. The bill defines

  • qualified training service as a course or program of study that is listed in provisions of the Workforce Innovation and Opportunity Act or that relates to computer science, technology, or another high-need area, such as a coding boot camp, that have been precertified by the Department of Labor; and
  • eligible individual as an individual who became unemployed or furloughed in 2020 but was otherwise able to work and was available for work and has applied for or is receiving pandemic emergency unemployment compensation related to COVID-19 (i.e., coronavirus disease 2019).
]]> Skills Renewal Act Display Title Skills Renewal Act Short Title(s) as Introduced Skills Renewal Act Introduced in Senate IS Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to establish a tax credit for training services received by individuals who are unemployed as a result of the coronavirus pandemic. Introduced in Senate IS Introduced in Senate 2020-05-20T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s3779is/xml/BILLS-116s3779is.xml 2020-05-20 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.