AI Workforce Training Act

This bill establishes a new tax credit to incentivize businesses to invest in artificial intelligence (AI) training for their employees, aiming to help the workforce adapt to evolving technological demands. Known as the AI Workforce Training Act, it provides a credit equal to 30 percent of qualified expenses incurred by employers for such training. The credit is capped at $2,500 per employee per taxable year, with provisions for inflation adjustment beginning in 2026. Qualified expenses include enrollment in accredited AI programs, employee wages during training, and costs associated with developing or providing in-house AI instruction, ensuring comprehensive support for various training modalities. To prevent double benefits, expenses claimed for this credit cannot be used for other tax deductions or credits. Additionally, the bill mandates a joint public outreach campaign by the Secretaries of Treasury, Labor, and Commerce to inform businesses about this new tax incentive. These Secretaries are also required to submit annual reports to Congress detailing the campaign's progress and measurable outcomes, ensuring accountability and transparency.