Ask AI
H.R. 4286

Virtual Apprenticeship Tax Credit Act of 2019

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.

Sponsor introductory remarks on measure. (CR H7872-7873)

Rep. Budd, Ted [R-NC-13](R-NC)Sponsor
1committees4actions9subjects
  1. IntroReferralB00100

    Sponsor introductory remarks on measure. (CR H7872-7873)

  2. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  3. IntroReferralIntro-H

    Introduced in House

  4. IntroReferral1000

    Introduced in House

Virtual Apprenticeship Tax Credit Act of 2019 — Informed