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- S.538
S.538: Investing in American Workers Act
About This Bill
- Introduced Feb. 25, 2019
- Latest Major Action Feb. 25, 2019
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in Senate - Feb. 25, 2019
Bill Summary
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: Library of Congress)
Bill Actions
Date | Description |
---|---|
Feb. 25, 2019 |
Read twice and referred to the Committee on Finance.
|
Feb. 25, 2019 |
Introduced in the Senate by Mark Warner (D-Va.) |