To amend the Internal Revenue Code of 1986 to provide employers a credit against employment and income taxes for certain employee training expenses.
Bettering Employee Skills and Talents Act or the BEST Act
This bill allows a new tax credit against employment taxes for 30% of qualified workforce training expenses paid by an employer. The bill defines qualified workforce training expenses as amounts paid by an employer to provide entry-level employees without a bachelor's degree with skills training recognized by governmental and private organizations.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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