S. 1801 — A bill to amend the Internal Revenue Code of 1954 to allow a credit for employee training expenses.

Summary

Amends the Internal Revenue Code to allow employers an income tax credit for 25 percent of the amount employers increase employee training expenses over a specified base period.

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Legislative Actions

1983-08-04
Introduced in Senate
1983-08-04
Read twice and referred to the Committee on Finance.
1983-08-20
Committee on Finance requested executive comment from OMB, Treasury Department, Labor Department.

A bill to amend the Internal Revenue Code of 1954 to allow a credit for employee training expenses.

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Summary

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