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SKILL UP Act of 2020
2/8/2022, 11:17 PM
Congressional Summary of HR 5869
Skill and Knowledge Investments Leverage Leaders' Untapped Potential Tax Credit Act of 2020 or the SKILL UP Act of 2020
This bill expands the work opportunity tax credit to include a qualified work-based learning participant.
Read the Full Bill
Current Status of Bill HR 5869
Bill HR 5869 is currently in the status of Bill Introduced since February 12, 2020. Bill HR 5869 was introduced during Congress 116 and was introduced to the House on February 12, 2020. Bill HR 5869's most recent activity was Referred to the House Committee on Ways and Means. as of February 12, 2020
Bipartisan Support of Bill HR 5869
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
0Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 5869
Primary Policy Focus
TaxationPotential Impact Areas
- Employment and training programs
- Higher education
- Income tax credits
- Tax-exempt organizations
- Vocational and technical education
- Wages and earnings
Alternate Title(s) of Bill HR 5869
SKILL UP Act of 2020
To amend the Internal Revenue Code to provide business with a tax credit for investing in work-based learning for workers with low skill levels.
SKILL UP Act of 2020
Skill and Knowledge Investments Leverage Leaders’ Untapped Potential Tax Credit Act of 2020
Comments
Sponsors and Cosponsors of HR 5869
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