,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #cjcg  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,may #bh1 #bjai,mr4   
,?ompson ( ,cali=nia 7= himself & ,mr4  
,byrne7 introduc$ ! foll[+ bill2 :i* 0  
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to am5d ! ,int]nal ,rev5ue
 ,code ( #aihf to provide a cr$it to    
employ]s = c]ta9 employee education &   
tra9+ exp5ses4  #a4 ,%ort title ,?is    
,act may be cit$ z ! ,c>e] ,advancem5t  
?r\gh ,new ,skills ,act4  #b4 ,cr$it =  
employee education & tra9+ exp5ses  7a7 
,9 g5]al ,subp>t ,d ( "p ,,iv ( sub*apt]
 ,a ( *apt] #a ( ! ,int]nal ,rev5ue     
,code ( #aihf is am5d$ by add+ at ! end 
! foll[+ new section3  #de,t4 ,employee 
education & tra9+ cr$it  7a7 ,all[ance (
 cr$it ,= purposes ( section #ch1 !     
employee education & tra9+ cr$it det]m9$
 "u ?is section = ! taxable ye> is an   
am\nt equal to #be p]c5t ( ! qualifi$   
education & tra9+ exp5ses paid or       
incurr$ by ! taxpay] dur+ su* taxable   
ye> ) respect to employees ( ! taxpay]4 

7b7 ,limitation ,! qualifi$ education & 
tra9+ exp5ses tak5 into acc\nt "u       
subsection 7a7 %all n exce$ #e1jjj )    
respect to any employee = any taxable   
ye>4  7c7 ,qualifi$ education & tra9+   
exp5ses ,= purposes ( ?is section1 ! t]m
 qualifi$ education & tra9+ exp5ses     
means am\nts paid or incurr$ = a program
 ( education or tra9+ ( an employee ( ! 
taxpay] if su* program is specifically  
design$ to ma9ta9 or improve skills (   
su* employee :i* are necess>y or useful 
ei!r-- 7#a7 9 ! employee's curr5t       
employm5t position ) su* employ]1 or    
7#b7 9 ano!r employm5t position ) su*   
employ] to :i* ! employ] reasonably     
anticipates su* employee may transf]4   
,su* t]m %all n include any am\nt paid  
or incurr$ = a program ( education or   
tra9+ :i* is provid$ by su* employ] or  
by any p]son :i* be>s a relation%ip to  
su* employ] describ$ 9 section #bfg7;b7 
or #gjg7;b77#a74  7d7 ,special rules    
7#a7 ,aggregation ,all p]sons :i* are   
treat$ z a s+le employ] "u subsections  

7a7 & 7b7 ( section #eb %all be treat$ z
 a s+le employ] = purposes ( ?is        
section4  7#b7 ,d5ial ( d\ble b5efit ,no
 d$uction or cr$it %all be all[$ "u any 
o!r provision ( ?is *apt] ) respect to !
 am\nt ( ! cr$it det]m9$ "u ?is section4
  7#c7 ,trade or bus9ess requirem5t ,no 
cr$it %all be all[$ "u ?is section )    
respect to any employee unless su*      
employee is provid+ s]vices 9 a trade or
 bus9ess ( ! taxpay]4  4  7b7 ,cr$it    
made "p ( g5]al bus9ess cr$it           
,subsection 7b7 ( section #ch ( !       
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by /rik+ plus at ! end ( p>agraph 7#ca71
 by /rik+ ! p]iod at ! end ( p>agraph   
7#cb7 & ins]t+ 1 plus1 & by add+ at !   
end ! foll[+ new p>agraph3  7#cc7 !     
employee education & tra9+ cr$it det]m9$
 "u section #de,t4  4  7c7 ,cl]ical     
am5dm5t ,! table ( sections = subp>t ,d 
( "p ,,iv ( sub*apt] ,a ( *apt] #a ( su*
 ,code is am5d$ by add+ at ! end !      
foll[+ new item3 ,sec4 #de,t4 ,employee 
education & tra9+ cr$it44  7d7          

,effective date ,! am5dm5ts made by ?is 
section %all apply to taxable ye>s      
beg9n+ aft] ! date ( ! enactm5t ( ?is   
,act4