US Congress Senate Bill 3466 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on August 1 2012 - 25% progression, died in committee
Action: 2012-08-01 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Better Education and Skills Training for America's Workforce Act - Amends the Internal Revenue Code to allow tax credits for: (1) the qualified training expenses of job trainees who have been unemployed for at least 90 days before enrolling in a training program, that are paid by U.S.-based employers, and (2) investment in a qualified job training partnership between a private business and an institution of higher education or a labor organization. Defines "qualifying 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. Requires the Secretary 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. Authorizes the Secretary to make grants to individuals who make an investment in a qualified job training partnership, in lieu of a tax credit.

Better Education and Skills Training for America's Workforce Act

Sen. Robert Menendez [D-NJ]

Date	Chamber	Action
2012-08-01	Senate	Read twice and referred to the Committee on Finance.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/senate-bill/3466/all-info
Text	https://www.congress.gov/112/bills/s3466/BILLS-112s3466is.pdf