0
0
0
Upward Mobility Enhancement Act
12/30/2022, 1:34 PM
Summary of Bill HR 4428
Bill 117 HR 4428, also known as the Upward Mobility Enhancement Act, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to provide support and resources to individuals and families who are seeking to improve their economic status and achieve upward mobility.
One key provision of the bill is the establishment of a grant program that would provide funding to organizations and institutions that offer job training, education, and other services to low-income individuals. These grants would be aimed at helping people acquire the skills and knowledge they need to secure better-paying jobs and improve their financial situation.
Additionally, the Upward Mobility Enhancement Act includes measures to expand access to affordable housing and healthcare for low-income individuals and families. This includes provisions to increase funding for affordable housing programs and to improve access to healthcare services in underserved communities. Overall, the Upward Mobility Enhancement Act is focused on addressing the barriers that prevent individuals from moving up the economic ladder and achieving financial stability. By providing support for job training, education, affordable housing, and healthcare, this bill aims to create opportunities for individuals to improve their economic status and build a better future for themselves and their families.
One key provision of the bill is the establishment of a grant program that would provide funding to organizations and institutions that offer job training, education, and other services to low-income individuals. These grants would be aimed at helping people acquire the skills and knowledge they need to secure better-paying jobs and improve their financial situation.
Additionally, the Upward Mobility Enhancement Act includes measures to expand access to affordable housing and healthcare for low-income individuals and families. This includes provisions to increase funding for affordable housing programs and to improve access to healthcare services in underserved communities. Overall, the Upward Mobility Enhancement Act is focused on addressing the barriers that prevent individuals from moving up the economic ladder and achieving financial stability. By providing support for job training, education, affordable housing, and healthcare, this bill aims to create opportunities for individuals to improve their economic status and build a better future for themselves and their families.
Congressional Summary of HR 4428
Upward Mobility Enhancement Act
This bill increases the amount of the tax exclusion for employer-paid educational assistance programs. It also expands the exclusion to include amounts paid for education-related tools and technology (e.g., hand tools, computers, software, licensure fees).
Read the Full Bill
Current Status of Bill HR 4428
Bill HR 4428 is currently in the status of Bill Introduced since July 13, 2021. Bill HR 4428 was introduced during Congress 117 and was introduced to the House on July 13, 2021. Bill HR 4428's most recent activity was Referred to the House Committee on Ways and Means. as of July 13, 2021
Bipartisan Support of Bill HR 4428
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
10Democrat Cosponsors
2Republican Cosponsors
8Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 4428
Primary Policy Focus
TaxationAlternate Title(s) of Bill HR 4428
Upward Mobility Enhancement Act
To amend the Internal Revenue Code of 1986 to increase the exclusion for educational assistance programs and to allow the exclusion with respect to education-related tools and technology.
Upward Mobility Enhancement Act
Comments
Sponsors and Cosponsors of HR 4428
Latest Bills
To authorize the Secretary of Education, in collaboration with the Secretary of Health and Human Services, to establish an interagency advisory Commission on Advancing Restorative Justice in Elementary and Secondary Education, and for other purposes.
Bill HR 8360April 17, 2026
To amend the Higher Education Act of 1965 to remove all adverse credit history related to a loan from the credit history of a borrower who has rehabilitated the loan.
Bill HR 8361April 17, 2026
To reauthorize the YouthBuild program, and for other purposes.
Bill HR 8333April 17, 2026
To raise the Foreign Service mandatory retirement age by aligning it with the Social Security Full Retirement Age, and for other purposes.
Bill HR 8346April 17, 2026
To amend the FISA Amendments Act of 2008 to extend the authorities of title VII of the Foreign Intelligence Surveillance Act of 1978 through April 30, 2026, and for other purposes.
Bill HR 8322April 17, 2026
To amend title II of the Social Security Act to repeal the retirement earnings test, and for other purposes.
Bill HR 8344April 17, 2026
To amend section 133 of title 23, United States Code, to remove a certain State funding set-aside for transportation alternative programs, and for other purposes.
Bill HR 8349April 17, 2026
To amend title XI of the Social Security Act to require the Center for Medicare and Medicaid Innovation to test a model to reduce chronic diseases by using accountable produce is medicine.
Bill HR 8355April 17, 2026
To amend the Federal Food, Drug, and Cosmetic Act to enhance drug manufacturing amount information reporting, and for other purposes.
Bill HR 8339April 17, 2026
Supporting the designation of the week of April 11 through April 17, 2026, as "Black Maternal Health Week", founded by Black Mamas Matter Alliance, Inc. (BMMA), to bring national attention to the maternal and reproductive health crisis in the United States and the importance of reducing maternal mortality and morbidity among Black women and birthing people.
Bill HRES 1183April 17, 2026