US HB7032 | 2019-2020 | 116th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on May 27 2020 - 25% progression, died in committee
Action: 2020-05-27 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

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).

Tracking Information

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Title

Skills Renewal Act

Sponsors


History

DateChamberAction
2020-05-27HouseReferred to the House Committee on Ways and Means.
2020-05-27HouseIntroduced in House

Same As/Similar To

SB3779 (Same As) 2020-05-20 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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