New Collar Jobs Act of 2023
12/15/2023, 3:58 PMSummary of Bill HR 3429
Bill 118 hr 3429, also known as the New Collar Jobs Act of 2023, aims to address the growing demand for skilled workers in industries such as technology, healthcare, and advanced manufacturing. The bill focuses on providing training and education opportunities for individuals seeking to enter these high-demand fields.One key aspect of the bill is the establishment of a grant program to support partnerships between businesses, educational institutions, and workforce development organizations. These partnerships will work together to develop training programs that align with the needs of employers in the new collar job sectors.
Additionally, the bill includes provisions to expand access to apprenticeship programs and promote work-based learning opportunities. This will allow individuals to gain hands-on experience in their chosen field while also earning a wage. Furthermore, the New Collar Jobs Act of 2023 emphasizes the importance of diversity and inclusion in the workforce. The bill includes measures to ensure that underrepresented groups, such as women and minorities, have equal access to training and job opportunities in new collar industries. Overall, Bill 118 hr 3429 seeks to bridge the skills gap in high-demand industries and provide individuals with the tools they need to succeed in the modern workforce. By investing in training and education programs, the bill aims to create a more diverse and skilled labor force that can drive innovation and economic growth in the United States.
Congressional Summary of HR 3429
New Collar Jobs Act of 2023
This bill provides incentives for cybersecurity education.
Specifically, the bill establishes an employee cybersecurity education tax credit for an employer who incurs costs for an employee who earns a certain cybersecurity certificate or degree. If a business claims such a credit, then federal agencies must award a score increase to each competitive proposal submitted by the business for a federal contract valued at more than $5 million.
In addition, the Department of Education must cancel eligible student loans for borrowers who have (1) made 36 consecutive monthly payments, and (2) held a cybersecurity job in an economically distressed area during at least 12 months of payments.
Finally, the bill makes cybersecurity course instructors eligible for awards under the CyberCorps Scholarship for Service program.
Read the Full Bill
Current Status of Bill HR 3429
Bill HR 3429 is currently in the status of Bill Introduced since May 17, 2023. Bill HR 3429 was introduced during Congress 118 and was introduced to the House on May 17, 2023. Bill HR 3429's most recent activity was Referred to the Committee on Science, Space, and Technology, and in addition to the Committees on Ways and Means, Education and the Workforce, and Oversight and Accountability, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of May 17, 2023Bipartisan Support of Bill HR 3429
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
8Democrat Cosponsors
8Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 3429
Primary Policy Focus
Labor and EmploymentAlternate Title(s) of Bill HR 3429
New Collar Jobs Act of 2023New Collar Jobs Act of 2023To increase cybersecurity education and job growth, and for other purposes.Comments
Most relevant
Sponsors and Cosponsors of HR 3429
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