[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3362 Introduced in House (IH)]

114th CONGRESS
  1st Session
                                H. R. 3362

   To allow employers a credit against income tax as an incentive to 
 partner with community colleges or other educational institutions to 
      improve workforce development and job training for students.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 29, 2015

  Ms. Kuster introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
   To allow employers a credit against income tax as an incentive to 
 partner with community colleges or other educational institutions to 
      improve workforce development and job training for students.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Workforce Development Investment Act 
of 2015''.

SEC. 2. CREDIT FOR EMPLOYERS WHICH PARTNER WITH COMMUNITY COLLEGES OR 
              OTHER EDUCATIONAL INSTITUTIONS TO IMPROVE WORKFORCE 
              DEVELOPMENT AND JOB TRAINING FOR STUDENTS.

    (a) In General.--Subpart D of part IV of subchapter A of chapter 1 
of the Internal Revenue Code of 1986 is amended by adding at the end 
the following new section:

``SEC. 45S. EMPLOYERS PARTNERING WITH COMMUNITY COLLEGES OR OTHER 
              EDUCATIONAL INSTITUTIONS TO IMPROVE WORKFORCE DEVELOPMENT 
              AND JOB TRAINING FOR STUDENTS.

    ``(a) General Rule.--For purposes of section 38, the employer 
partnering credit determined under this section for any taxable year is 
an amount equal to $2,000 for each community college or other 
institution of higher education engaged in a qualified partnership with 
the employer.
    ``(b) Maximum Credit.--
            ``(1) In general.--The maximum credit determined under this 
        section for the taxable year shall not exceed $10,000.
            ``(2) Controlled groups.--For purposes of paragraph (1), 
        all persons treated as a single employer under subsection (b), 
        (c), (m), or (o) of section 414 shall be treated as a single 
        taxpayer.
    ``(c) Definitions.--For purposes of this section--
            ``(1) Community college.--The term `community college' 
        means an institution of higher education that--
                    ``(A) admits as a regular student an individual who 
                is beyond the age of compulsory school attendance in 
                the State in which the institution is located and who 
                has the ability to benefit from the training offered by 
                the institution, and
                    ``(B) offers a 2-year program in engineering, 
                mathematics, or the physical or biological sciences 
                designed to prepare a student to work as a technician 
                or at the semiprofessional level in engineering, 
                scientific, or other technological fields requiring the 
                understanding and application of basic engineering, 
                scientific, or mathematical principles of knowledge.
            ``(2) Institution of higher education.--The term 
        `institution of higher education' has the meaning given such 
        term in section 102 of the Higher Education Act of 1965 (20 
        U.S.C. 1002).
            ``(3) Qualified partnership.--Not later than six months 
        after the date of the enactment of this section, the Secretary 
        of Education, in consultation with the Secretary of Labor, 
        shall define the term `qualified partnership'. Such term shall 
        include a partnership through which--
                    ``(A) an employer collaborates with an educational 
                institution to help develop curriculum in order to 
                improve workforce development and job training for 
                students,
                    ``(B) an employer helps provide instruction to 
                students in the classroom, and
                    ``(C) an employer provides internships, 
                apprenticeships, or other similar educational 
                opportunities in the workplace for students.
    ``(d) Certain Rules To Apply.--For purposes of this section, rules 
similar to the rules of subsections (c), (d), and (e) of section 52 
shall apply.''.
    (b) Credit To Be Part of General Business Credit.--Section 38(b) of 
such Code is amended by striking ``plus'' at the end of paragraph (35), 
by striking the period at the end of paragraph (36) and inserting ``, 
plus'', and by adding at the end the following new paragraph:
            ``(37) the employer partnering credit determined under 
        section 45S.''.
    (c) Clerical Amendment.--The table of sections for subpart D of 
part IV of subchapter A of chapter 1 of such Code is amended by adding 
at the end the following new item:

``Sec. 45S. Employers partnering with community colleges or other 
                            educational institutions to improve 
                            workforce development and job training for 
                            students.''.
    (d) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after the date of the enactment of 
this Act.
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