American Workforce Empowerment Act

Hozzl · 2023-12-15T15:53:34Z

Explore the details of House Bill 329 American Workforce Empowerment Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

12/15/2023, 3:53 PM

Summary of Bill HR 329

The American Workforce Empowerment Act, also known as Bill 118 hr 329, 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 more opportunities for training and education in order to enhance their skills and increase their employability.

One of the key provisions of the American Workforce Empowerment Act is the establishment of a grant program that would provide funding to states and local governments to support workforce development initiatives. This funding could be used for a variety of purposes, such as creating apprenticeship programs, offering job training courses, or providing career counseling services.

Additionally, the bill aims to streamline and improve existing workforce development programs by consolidating them into a single, cohesive system. This would make it easier for workers to access the resources and support they need to advance their careers and succeed in the modern economy. Overall, the American Workforce Empowerment Act is designed to help American workers adapt to the changing demands of the workforce and acquire the skills they need to thrive in today's economy. By investing in training and education programs, this bill seeks to empower workers and ensure that they have the tools they need to succeed in the 21st century job market.

Congressional Summary of HR 329

American Workforce Empowerment Act

This bill allows tax-preferred college savings plans (529 plans) to fund certain postsecondary certificate programs and apprenticeship programs.

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Current Status of Bill HR 329

Bill HR 329 is currently in the status of Bill Introduced since January 12, 2023. Bill HR 329 was introduced during Congress 118 and was introduced to the House on January 12, 2023. Bill HR 329's most recent activity was Referred to the House Committee on Ways and Means. as of January 12, 2023

Bipartisan Support of Bill HR 329

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

138

Democrat Cosponsors

Republican Cosponsors

116

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 329

Primary Policy Focus

Taxation

Potential Impact Areas

Higher educationStudent aid and college costsVocational and technical education

Alternate Title(s) of Bill HR 329

American Workforce Empowerment ActAmerican Workforce Empowerment ActTo amend the Internal Revenue Code of 1986 to permit 529 plans to be used for certain non-degree technical training certificate programs and apprenticeship programs.

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