S. 132 117th Congress Senate

Skills Renewal Act

Official title: A bill to amend the Internal Revenue Code of 1986 to establish a tax credit for training services received by individuals who are unemployed as a result of the coronavirus pandemic.

Introduced: January 28, 2021 Introduced by: Amy Klobuchar Democratic · Minnesota See on congress.gov

Taxation Cardiovascular and respiratory healthComputers and information technologyEmergency medical services and trauma careEmployment and training programs

More subjectsShow fewer subjects

Income tax creditsInfectious and parasitic diseasesTax administration and collection, taxpayersUnemploymentVocational and technical education

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jan 28, 2021

Read twice and referred to the Committee on Finance.

Jan 28, 2021

Introduced in Senate

Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

Latest action January 28, 2021

Read twice and referred to the Committee on Finance.

Plain-English summary Congressional Research Service

Skills Renewal Act

This bill allows a refundable tax credit for qualified training services received by certain individuals who are unemployed in 2020 due to the coronavius (i.e., the virus that causes COVID-19) pandemic.The bill defines qualified training service as a course or program of study identified by the Workforce Innovation and Opportunity Act for a state, or as a course or program of study relating to computer science, technology, or another high need area, such as a coding boot camp, that has been precertified by the Department of Labor.

Related & companion bills 1