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HR 6818 118th Congress House Taxation

BEST Act

Introduced: December 14, 2023 Introduced by: Hinson, Ashley Republican · Iowa See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 14, 2023
Referred to the House Committee on Ways and Means.
Dec 14, 2023
Introduced in House
 Plain-English summary Congressional Research Service

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.

What's happening now December 14, 2023

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1