About This Bill
- Introduced Feb. 25, 2019
- Latest Major Action Feb. 25, 2019
- See the one similar bills introduced in other congresses.
Investing in American Workers Act This bill allows a business-related tax credit for employers who increase worker training expenditures. The credit is equal to 20% of the excess of (1) the qualified training expenditures for the year, over (2) the average of the adjusted qualified training expenditures for the three previous years. If the employer had no qualified training expenditures in any one of the three previous years, the credit is...
(Source: Congressional Research Service)
Read twice and referred to the Committee on Finance.
Introduced in the Senate by Mark Warner (D-Va.)