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AI Summary: The USA Workforce Tax Credit Act is a federal bill aimed at incentivizing businesses to invest in workforce training and education. The main provisions of the bill include providing tax credits to employers who offer qualified training programs to their employees. This act aims to boost skills development, increase employment opportunities, and enhance the overall competitiveness of the American workforce. By offering tax incentives, the bill encourages companies to prioritize employee training, which can lead to a more skilled and adaptable workforce. This legislation could have a significant impact on improving job readiness and promoting economic growth by aligning worker skills with evolving industry needs.
Latest Action: Introduced in House
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Actions (2):
2023-03-17 : Introduced in House
2023-03-17 : Referred to the House Committee on Ways and Means.
Democrat Republican