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Investing in Tomorrow's Workforce Act of 2023

3/13/2024, 12:13 PM

Summary of Bill S 2722

The Investing in Tomorrow's Workforce Act of 2023, also known as Bill 118 s 2722, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to provide funding and support for programs that aim to improve the skills and education of the American workforce.

One key aspect of the Investing in Tomorrow's Workforce Act is the establishment of a grant program that would provide funding to states and local governments for initiatives such as job training programs, apprenticeships, and career counseling services. These programs are designed to help individuals gain the skills and knowledge needed to succeed in today's rapidly changing job market.

Additionally, the bill includes provisions to support partnerships between businesses and educational institutions, with the goal of ensuring that workers are equipped with the skills needed to fill in-demand jobs. This includes funding for programs that promote STEM education, as well as initiatives to increase access to vocational training and certification programs. Overall, the Investing in Tomorrow's Workforce Act of 2023 aims to address the skills gap in the American workforce and ensure that individuals have the tools they need to succeed in the modern economy. By investing in education and training programs, the bill seeks to create a more competitive and skilled workforce that is prepared for the jobs of tomorrow.

Congressional Summary of S 2722

Investing in Tomorrow's Workforce Act of 2023

This bill directs the Department of Labor to award grants to eligible partnerships to support demonstration and pilot projects relating to the training needs of workers who are, or are likely to become, dislocated workers as a result of automation. Specifically, the bill expands training programs for such workers, including activities that prepare the individuals for occupations in the technology sector, authorizes the award of national dislocated worker grants to provide employment and training assistance to workers affected by advances in automation technology, and expands the funding authorization for national dislocated worker grants.

Current Status of Bill S 2722

Bill S 2722 is currently in the status of Bill Introduced since September 5, 2023. Bill S 2722 was introduced during Congress 118 and was introduced to the Senate on September 5, 2023.  Bill S 2722's most recent activity was Read twice and referred to the Committee on Health, Education, Labor, and Pensions. as of September 5, 2023

Bipartisan Support of Bill S 2722

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
8
Democrat Cosponsors
8
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 2722

Primary Policy Focus

Labor and Employment

Alternate Title(s) of Bill S 2722

Investing in Tomorrow's Workforce Act of 2023
Investing in Tomorrow's Workforce Act of 2023
A bill to address the needs of workers in industries likely to be impacted by rapidly evolving technologies.

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