US HB2865 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on June 8 2017 - 25% progression, died in committee
Action: 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.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 8 2017 - 25% progression, died in committee
Action: 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.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
Better Education and Skills Training for America's Workforce Act
Sponsors
Rep. Albio Sires [D-NJ] | Rep. Frank Pallone [D-NJ] | Rep. Donald Payne [D-NJ] | Rep. Bonnie Coleman [D-NJ] |
Rep. Eleanor Norton [D-DC] | Rep. John Garamendi [D-CA] |
History
Date | Chamber | Action |
---|---|---|
2017-06-08 | House | 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. |
2017-06-08 | House | 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. |
2017-06-08 | House | 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. |
2017-06-08 | House | Introduced in House |
Same As/Similar To
SB1193 (Same As) 2017-05-22 - Read twice and referred to the Committee on Finance.
Subjects
Business investment and capital
Employment and training programs
Higher education
Income tax credits
Student aid and college costs
Taxation
Employment and training programs
Higher education
Income tax credits
Student aid and college costs
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/115th-congress/house-bill/2865/all-info |
Text | https://www.congress.gov/115/bills/hr2865/BILLS-115hr2865ih.pdf |