HR 4286 · 116th Congress · Taxation

Virtual Apprenticeship Tax Credit Act of 2019

Introduced 2019-09-11· Sponsored by Rep. Budd, Ted [R-NC-13]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Sponsor introductory remarks on measure. (CR H7872-7873)(2019-09-24)

Plain Language Summary

[AI summary unavailable — showing source text] Virtual Apprenticeship Tax Credit Act of 2019 This bill allows employers a business-related tax credit for 30% of the qualified virtual training expenses paid during a taxable year, up to a maximum amount of $2,500. The bill defines "qualified virtual training expenses" as expenses related to developing or expanding an industry-recognized virtual apprenticeship program for elementary and secondary school students.…

Summarized by Claude AI · Non-partisan · For informational purposes only