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Workforce Development Through Post-Graduation Scholarships Act of 2023

12/15/2023, 3:58 PM

Summary of Bill HR 3582

Bill 118 HR 3582, also known as the Workforce Development Through Post-Graduation Scholarships Act of 2023, aims to provide scholarships to recent college graduates who pursue careers in high-demand fields. The bill focuses on workforce development by incentivizing individuals to enter industries that are in need of skilled workers.

Under this legislation, eligible individuals who have graduated from a post-secondary institution within the past five years can apply for a scholarship to help cover the costs of further education or training in a designated field. These fields may include healthcare, technology, manufacturing, and other industries facing shortages of qualified workers.

The scholarships provided under this bill are intended to support individuals in obtaining the skills and credentials necessary to succeed in these high-demand fields. By investing in the education and training of recent graduates, the bill aims to strengthen the workforce and address shortages in key industries. In addition to providing scholarships, the Workforce Development Through Post-Graduation Scholarships Act of 2023 also includes provisions for mentorship programs, job placement assistance, and other support services to help scholarship recipients succeed in their chosen careers. Overall, this legislation seeks to promote workforce development and address skills gaps in critical industries by providing financial support and resources to recent college graduates pursuing careers in high-demand fields.

Current Status of Bill HR 3582

Bill HR 3582 is currently in the status of Bill Introduced since May 22, 2023. Bill HR 3582 was introduced during Congress 118 and was introduced to the House on May 22, 2023.  Bill HR 3582's most recent activity was Referred to the House Committee on Ways and Means. as of May 22, 2023

Bipartisan Support of Bill HR 3582

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
6
Democrat Cosponsors
4
Republican Cosponsors
2
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3582

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 3582

Workforce Development Through Post-Graduation Scholarships Act of 2023
Workforce Development Through Post-Graduation Scholarships Act of 2023
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.

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