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To amend the Internal Revenue Code of 1986 to allow employers a credit against income tax as an incentive to partner with educational institutions to improve workforce development and job training for students and a credit against income tax for certain expenses of job training programs.

USA115th CongressHR-2700| House 
| Updated: 5/25/2017
Ann M. Kuster

Ann M. Kuster

Democratic Representative

New Hampshire

Cosponsors (2)
Jared Polis (Democratic)Seth Moulton (Democratic)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Workforce Development Investment Act of 2017 This bill amends the Internal Revenue Code to allow employers a business-related tax credit of $5,000 for each community college, other institution of higher education, or area career and technical education school engaged in a qualified partnership with the employer. The bill allows a maximum credit of $20,000 in any taxable year. Within six months of the enactment of this bill, the Department of Education must define the term "qualified partnership." The term must include a partnership through which an employer: (1) collaborates with an educational institution to help develop curriculum in order to improve workforce development and job training for students; (2) helps provide instruction to students in the classroom; and (3) provides internships, apprenticeships, or other similar educational opportunities in the workplace for students. This bill also allows employers a worker training tax credit equal to the lesser of: 50% of the job training program expenditures for a full-time employee participating in a qualified training program, or $5,000. A "qualified training program" is: (1) a qualified partnership, or (2) an apprenticeship program registered and certified with the Department of Labor under the National Apprenticeship Act.
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Timeline
May 25, 2017
Introduced in House
May 25, 2017
Referred to the House Committee on Ways and Means.
  • May 25, 2017
    Introduced in House


  • May 25, 2017
    Referred to the House Committee on Ways and Means.

Taxation

Employee benefits and pensionsEmployment and training programsHigher educationIncome tax creditsTeaching, teachers, curricula

To amend the Internal Revenue Code of 1986 to allow employers a credit against income tax as an incentive to partner with educational institutions to improve workforce development and job training for students and a credit against income tax for certain expenses of job training programs.

USA115th CongressHR-2700| House 
| Updated: 5/25/2017
Workforce Development Investment Act of 2017 This bill amends the Internal Revenue Code to allow employers a business-related tax credit of $5,000 for each community college, other institution of higher education, or area career and technical education school engaged in a qualified partnership with the employer. The bill allows a maximum credit of $20,000 in any taxable year. Within six months of the enactment of this bill, the Department of Education must define the term "qualified partnership." The term must include a partnership through which an employer: (1) collaborates with an educational institution to help develop curriculum in order to improve workforce development and job training for students; (2) helps provide instruction to students in the classroom; and (3) provides internships, apprenticeships, or other similar educational opportunities in the workplace for students. This bill also allows employers a worker training tax credit equal to the lesser of: 50% of the job training program expenditures for a full-time employee participating in a qualified training program, or $5,000. A "qualified training program" is: (1) a qualified partnership, or (2) an apprenticeship program registered and certified with the Department of Labor under the National Apprenticeship Act.
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Suggested Questions

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Timeline
May 25, 2017
Introduced in House
May 25, 2017
Referred to the House Committee on Ways and Means.
  • May 25, 2017
    Introduced in House


  • May 25, 2017
    Referred to the House Committee on Ways and Means.
Ann M. Kuster

Ann M. Kuster

Democratic Representative

New Hampshire

Cosponsors (2)
Jared Polis (Democratic)Seth Moulton (Democratic)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Employee benefits and pensionsEmployment and training programsHigher educationIncome tax creditsTeaching, teachers, curricula