SKILL Act

This bill would create a new federal business tax credit for employers that contribute to education and job training programs run by public colleges, universities, and community or technical colleges. Employers could receive $2,500 for each student who earns a degree, certificate, or credential from a program they support, plus $2,500 for each such graduate they hire full-time. A state agency would certify employers and programs, which must take 2 years or less to complete, and would award credits on a competitive basis. The national limit on credits would be $500 million per year for 2027 through 2031, divided among states by population, with unused amounts carried over to the next year.

Full text and official record on Congress.gov

Sponsors

• Sam T. Liccardo Democrat sponsor
• 1 cosponsors