To amend the Internal Revenue Code of 1986 to establish a tax credit for training services received by individuals who are unemployed as a result of the coronavirus pandemic.
Skills Renewal Act
This bill allows a refundable tax credit for qualified training services received by certain individuals who are unemployed in 2020 due to the coronavius (i.e., the virus that causes COVID-19) pandemic.The bill defines qualified training service as a course or program of study identified by the Workforce Innovation and Opportunity Act for a state, or as a course or program of study relating to computer science, technology, or another high need area, such as a coding boot camp, that has been precertified by the Department of Labor.
Read twice and referred to the Committee on Finance.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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