HOUSE 6818118th CongressReferred to the House Committee on Ways and Means.
BEST Act
- Last Action
- 12/14/2023
Actions
- 2023-12-14Referred to the House Committee on Ways and Means.
- 2023-12-14Introduced in House
- 2023-12-14Introduced in House
CRS Summary
As of 2023-12-14 (00)
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.
Cosponsors (2)
- Troy Nehls (R-TX)
- Randy Weber (R-TX)
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.