H.R. 4286 · 116th Congress
Virtual Apprenticeship Tax Credit Act of 2019
- Stage
- In committee
- Sponsor
- Ted Budd
- Introduced
- 2019-09-11
- Latest action
- 2019-09-24 · Sponsor introductory remarks on measure.
Summary
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.