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Workforce Development Through Post-Graduation Scholarships Act of 2021

12/31/2022, 4:59 AM

Summary of Bill HR 4095

Bill 117 HR 4095, also known as the Workforce Development Through Post-Graduation Scholarships Act of 2021, aims to provide scholarships to students pursuing post-graduate education in high-demand fields. The bill focuses on workforce development by incentivizing individuals to further their education in areas that are critical to the economy.

The scholarships provided under this bill would cover tuition, fees, and other expenses related to post-graduate education. In order to be eligible for the scholarship, students must be enrolled in a program that leads to a degree or certification in a high-demand field, such as healthcare, technology, or advanced manufacturing.

The bill also includes provisions for mentorship and career counseling to help students successfully transition into the workforce after completing their education. Additionally, the bill encourages partnerships between educational institutions and employers to ensure that students are gaining the skills and knowledge needed to succeed in their chosen field. Overall, the Workforce Development Through Post-Graduation Scholarships Act of 2021 aims to address the skills gap in high-demand industries by providing financial support to students pursuing post-graduate education. By investing in the education and training of individuals in these critical fields, the bill seeks to strengthen the workforce and promote economic growth.

Congressional Summary of HR 4095

Start summary here.

Current Status of Bill HR 4095

Bill HR 4095 is currently in the status of Bill Introduced since June 23, 2021. Bill HR 4095 was introduced during Congress 117 and was introduced to the House on June 23, 2021.  Bill HR 4095's most recent activity was Referred to the House Committee on Ways and Means. as of June 23, 2021

Bipartisan Support of Bill HR 4095

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
4
Democrat Cosponsors
2
Republican Cosponsors
2
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 4095

Primary Policy Focus

Taxation

Potential Impact Areas

- Congressional oversight
- Economic development
- Government studies and investigations
- Higher education
- Income tax exclusion
- Social work, volunteer service, charitable organizations
- Student aid and college costs
- Tax-exempt organizations

Alternate Title(s) of Bill HR 4095

To amend the Internal Revenue Code of 1986 to exclude certain post-graduation scholarship grants from gross income in the same manner as qualified scholarships to promote economic growth.
Workforce Development Through Post-Graduation Scholarships Act of 2021
Workforce Development Through Post-Graduation Scholarships Act of 2021

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