Virtual Apprenticeship Tax Credit Act of 2019 This bill allows employers a business-related tax credit for 30% of the qualified virtual training expenses paid during a taxable year, up to a maximum amount of $2,500. The bill defines "qualified virtual training expenses" as expenses related to developing or expanding an industry-recognized virtual apprenticeship program for elementary and secondary school students.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Sponsor introductory remarks on measure. (CR H7872-7873)
Introduced in House
Referred to the House Committee on Ways and Means.
Sponsor introductory remarks on measure. (CR H7872-7873)
Taxation
Business expensesEducational technology and distance educationEducation programs fundingElementary and secondary educationEmployment and training programsIncome tax creditsInternet and video servicesInternet, web applications, social mediaVocational and technical education
Virtual Apprenticeship Tax Credit Act of 2019
USA116th CongressHR-4286| House
| Updated: 9/24/2019
Virtual Apprenticeship Tax Credit Act of 2019 This bill allows employers a business-related tax credit for 30% of the qualified virtual training expenses paid during a taxable year, up to a maximum amount of $2,500. The bill defines "qualified virtual training expenses" as expenses related to developing or expanding an industry-recognized virtual apprenticeship program for elementary and secondary school students.
Business expensesEducational technology and distance educationEducation programs fundingElementary and secondary educationEmployment and training programsIncome tax creditsInternet and video servicesInternet, web applications, social mediaVocational and technical education