American Workforce Empowerment Act

3/13/2024, 6:11 PM
Read twice and referred to the Committee on Finance.
The American Workforce Empowerment Act, also known as Bill 118 s 2921, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to empower American workers by providing them with the necessary skills and training to succeed in the modern workforce.

One of the key provisions of the American Workforce Empowerment Act is the establishment of a grant program to support workforce development initiatives. This program would provide funding to states, local governments, and non-profit organizations to help them create and expand training programs for workers in high-demand industries.

Additionally, the bill aims to increase access to apprenticeship programs and other forms of on-the-job training. By expanding these opportunities, the legislation seeks to help workers gain valuable skills and experience that will make them more competitive in the job market. Furthermore, the American Workforce Empowerment Act includes provisions to support the retraining of workers who have been displaced by automation or other economic factors. This includes funding for programs that help workers transition to new industries or occupations, as well as support for job placement services. Overall, the American Workforce Empowerment Act is designed to help American workers adapt to the changing demands of the modern economy and succeed in the workforce. By providing funding for training programs, apprenticeships, and job placement services, the bill aims to empower workers and ensure that they have the skills they need to thrive in today's job market.
Congress
118

Number
S - 2921

Introduced on
2023-09-26

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

9/26/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Read twice and referred to the Committee on Finance.
The American Workforce Empowerment Act, also known as Bill 118 s 2921, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to empower American workers by providing them with the necessary skills and training to succeed in the modern workforce.

One of the key provisions of the American Workforce Empowerment Act is the establishment of a grant program to support workforce development initiatives. This program would provide funding to states, local governments, and non-profit organizations to help them create and expand training programs for workers in high-demand industries.

Additionally, the bill aims to increase access to apprenticeship programs and other forms of on-the-job training. By expanding these opportunities, the legislation seeks to help workers gain valuable skills and experience that will make them more competitive in the job market. Furthermore, the American Workforce Empowerment Act includes provisions to support the retraining of workers who have been displaced by automation or other economic factors. This includes funding for programs that help workers transition to new industries or occupations, as well as support for job placement services. Overall, the American Workforce Empowerment Act is designed to help American workers adapt to the changing demands of the modern economy and succeed in the workforce. By providing funding for training programs, apprenticeships, and job placement services, the bill aims to empower workers and ensure that they have the skills they need to thrive in today's job market.
Alternative Names
Official Title as IntroducedA bill to amend the Internal Revenue Code of 1986 to permit 529 plans to be used for certain non-degree technical training certificate programs, apprenticeship programs, and other training programs.

Policy Areas
Taxation

Comments

Recent Activity

Latest Action9/26/2023
Read twice and referred to the Committee on Finance.