Skilled Workforce Act | ChamberLight

IN COMMITTEE· 119TH CONGRESS

Senate BillS 2664Labor and Employment

Skilled Workforce Act

INTRO AUG 1· LAST ACTION AUG 1

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In Committee

Reported

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Passed House

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Became Law

WHAT THE BILL DOES

AI-written

This bill aims to tackle a significant problem: the gap between the skills workers possess and the skills employers need, especially in growing sectors like advanced manufacturing, clean energy, and construction. By offering a tax credit, it creates a strong incentive for private businesses to invest directly in the training infrastructure of public educational institutions. This collaboration could lead to a more skilled workforce, boosting economic competitiveness and helping to fill critical job vacancies across the country.

If this bill becomes law, communities could see more modern facilities, up-to-date technology, and expanded training programs at local schools and colleges, directly preparing people for good-paying jobs. If it doesn't pass, the burden of funding these necessary upgrades would largely remain with public budgets or individual institutions, potentially slowing down efforts to close the skills gap and leaving businesses struggling to find qualified workers.

KEY PROVISIONS

4AI-extracted

PROVISION 01

Establishes a 30% tax credit for businesses (eligible taxpayers) that make qualified investments in projects designed to train the workforce.

Incentivizes private sector financial investment in public workforce development infrastructure.

PROVISION 02

Defines "qualifying workforce training projects" as those that equip, expand, or enhance eligible institutions to address workforce shortages and skills gaps in identified in-demand jobs and industries, such as manufacturing, energy, construction, and transportation.

Directs investments towards specific, high-priority economic and labor needs identified by the government.

PROVISION 03

Defines "eligible institutions" to include public secondary schools, career and technical schools, community colleges (including Tribal Colleges), and state workforce development programs.

Focuses the benefits on public-sector educational and training entities critical for local workforce development.

PROVISION 04

Creates a new program to certify eligible projects, with a total cap of $500 million in available tax credits, including a specific amount reserved for certain high-need public secondary schools.

Sets a financial limit for the program's cost to the government and prioritizes certain underserved schools and communities.

SPONSORSHIP

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ACTION TIMELINE

2 EVENTS

AUG 1

Introduced in Senate

INTROREFERRAL

AUG 1

Read twice and referred to the Committee on Finance.

INTROREFERRAL

BILL INFO

TypeSenate Bill

NumberS 2664

Congress119th

StatusIn Committee

IntroducedAug 1, 2025

Last actionAug 1, 2025

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IN COMMITTEE· 119TH CONGRESS · FINANCE COMMITTEE · INTRODUCED AUG 1, 2025

Senate BillS 2664Labor and Employment

Skilled Workforce Act

INTRODUCED AUG 1, 2025· LAST ACTION AUG 1, 2025

PASSAGE CHANCES

—%

READING

9 min

COSPONSORS

COMPLEXITY

Moderate

Call my reps Congress.gov

LEGISLATIVE PROGRESS

STEP 2 OF 8

Introduced

In Committee

Reported

Passed Senate

Passed House

Conference

To President

Became Law

Introduced
In Committee
Reported
Passed Senate
Passed House
Conference
To President
Became Law

WHAT THE BILL DOES

AI-written

KEY PROVISIONS

AI-extracted

high

Establishes a 30% tax credit for businesses (eligible taxpayers) that make qualified investments in projects designed to train the workforce.

Incentivizes private sector financial investment in public workforce development infrastructure.

high

Directs investments towards specific, high-priority economic and labor needs identified by the government.

med

Defines "eligible institutions" to include public secondary schools, career and technical schools, community colleges (including Tribal Colleges), and state workforce development programs.

Focuses the benefits on public-sector educational and training entities critical for local workforce development.

high

Creates a new program to certify eligible projects, with a total cap of $500 million in available tax credits, including a specific amount reserved for certain high-need public secondary schools.

Sets a financial limit for the program's cost to the government and prioritizes certain underserved schools and communities.

DEADLINES & DATES

AI-extracted

An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)

Not later than 180 days after the date of enactment.

Secretary (in consultation with Secretary of Commerce) shall establish a qualifying workforce training project program.

During the 4-year period beginning on the date the Secretary establishes the program.

Application period for certification under the program.

1 year from the date of acceptance by the Secretary of the application.

Time for applicants to provide evidence that certification requirements have been met.

FUNDING & AUTHORIZATIONS

AI-extracted

An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)

AMOUNT	PROGRAM	TYPE	YEARS
$500,000,000	Qualifying workforce training project credit	discretionary tax credit limit	total allocation, tied to a 4-year application window

GLOSSARY

AI-written

Internal Revenue Code of 1986: The main set of federal tax laws in the United States.
Tax Credit: A direct reduction in the amount of tax owed, dollar for dollar.
Eligible Taxpayer: A business or individual that meets specific criteria to qualify for a tax credit or other tax benefit.
Qualified Investment: Money spent on specific types of property or activities that are eligible for a tax credit under this bill.
Foreign Entity of Concern: A business or organization controlled by or linked to certain foreign governments, which is restricted from receiving specific U.S. government benefits as defined by existing law.
Workforce Shortages/Skills Gaps: Situations where there aren't enough qualified workers to fill available jobs, or workers lack the specific training needed for those jobs.
Eligible Institution: Public schools, community colleges, vocational training centers, or state-operated workforce development programs that are eligible to participate in this program.

ACTION TIMELINE

2 EVENTS

AUG 1, 25

Introduced in Senate

INTROREFERRAL

AUG 1, 25

Read twice and referred to the Committee on Finance.

INTROREFERRAL

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Skilled Workforce Act

LEGISLATIVE PROGRESS

WHAT THE BILL DOES

KEY PROVISIONS

SPONSORSHIP

ACTION TIMELINE

BILL INFO

READER REACTIONS

Discussion

Skilled Workforce Act

LEGISLATIVE PROGRESS

WHAT THE BILL DOES

KEY PROVISIONS

DEADLINES & DATES

FUNDING & AUTHORIZATIONS

GLOSSARY

ACTION TIMELINE

SPONSORS

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