HR 1939 · 113th Congress · Labor and Employment
Skills Investment Act of 2013
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Higher Education and Workforce Training.(2013-07-08)
Plain Language Summary
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Skills Investment Act of 2013 - Amends the Workforce Investment Act of 1998 (WIA) to direct the Secretary of Labor to make grants to states to establish programs for federally tax-exempt portable lifelong learning accounts containing cash contributions made by an eligible worker, the worker's employer, or a third party, or which may be made by the worker and matched by the employer, in order to pay certain education and skill development expenses to bolster the worker's existing career or transition to a new career. Requires each account to be established as a trust administered by a governor-designated entity meeting certain requirements. Defines "eligible worker" to mean an individual who: (1) is age 16 or older; (2) has a federally-tax exempt lifelong learning account; and (3) is employed, self-employed, or had been previously employed and is looking for work. Requires a state governor to submit for Secretary approval a five-year state supplemental plan meeting specified minimum requirements. Requires states to use grants to: (1) establish lifelong learning accounts programs; and (2) assist one-stop centers to provide career information, guidance, and related activitie…
Summarized by Claude AI · Non-partisan · For informational purposes only