S.538: Investing in American Workers Act

About This Bill

Bill Sponsor

Bill Cosponsors

2 (All Democrats)

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: Congressional Research Service)

Bill Actions

Date Description
Feb. 25
Read twice and referred to the Committee on Finance.
Feb. 25

Introduced in the Senate by Mark Warner (D-Va.)

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