Skills Renewal Act
Latest action · May 20, 2020 Read twice and referred to the Committee on Finance.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMay 20, 2020
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Skills Renewal Act
This bill allows eligible individuals a refundable tax credit, up to $4,000 in a taxable year, for expenses paid for qualified training services. The bill defines
- qualified training service as a course or program of study that is listed in provisions of the Workforce Innovation and Opportunity Act or that relates to computer science, technology, or another high-need area, such as a coding boot camp, that have been precertified by the Department of Labor; and
- eligible individual as an individual who became unemployed or furloughed in 2020 but was otherwise able to work and was available for work and has applied for or is receiving pandemic emergency unemployment compensation related to COVID-19 (i.e., coronavirus disease 2019).
Cosponsors 3
Members who signed on, in the order they did. All signed on May 20, 2020.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-NE | Ben Sasse | Original | May 20, 2020 |
| D-NJ | Cory A. Booker | Original | May 20, 2020 |
| R-SC | Tim Scott | Original | May 20, 2020 |
Actions 2
Everything that happened, newest first.
- May 20, 2020Introduced in Senate
- May 20, 2020Read twice and referred to the Committee on Finance.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 7032 | Skills Renewal Act | Identical bill | May 27, 2020 |
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
- Cardiovascular and respiratory health
- Computers and information technology
- Emergency medical services and trauma care
- Employment and training programs
- Income tax credits
- Infectious and parasitic diseases
- Tax administration and collection, taxpayers
- Taxation
- Unemployment
- Vocational and technical education
Text 1
Each version as it was printed, newest first.
- May 20, 2020Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.