S 2676
Better Education and Skills Training for America’s Workforce Act
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- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill, the Better Education and Skills Training for America’s Workforce Act, aims to encourage employer investment in job training programs. It creates tax credits for employers who pay for qualified training expenses for unemployed workers and for investments in partnerships between businesses and educational institutions. The bill also establishes a program to certify qualified job training partnerships and provides grants to individuals investing in these partnerships as an alternative to tax credits. These provisions are set to expire in 2030.
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