American Workforce Empowerment Act

Hozzl · 2024-03-13T18:11:04Z

Explore the details of Senate Bill 2921 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.

3/13/2024, 6:11 PM

Summary of Bill S 2921

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.

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Current Status of Bill S 2921

Bill S 2921 is currently in the status of Bill Introduced since September 26, 2023. Bill S 2921 was introduced during Congress 118 and was introduced to the Senate on September 26, 2023. Bill S 2921's most recent activity was Read twice and referred to the Committee on Finance. as of September 26, 2023

Bipartisan Support of Bill S 2921

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

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Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 2921

Primary Policy Focus

Taxation

Alternate Title(s) of Bill S 2921

American Workforce Empowerment ActAmerican Workforce Empowerment ActA 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.

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