,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #dbhf  ,,in ,,the ,,house ,,of  
,,representatives  ,september #aa1      
#bjai,mr4 ,budd introduced the following
 bill2 which was referred to the        
,committee on ,ways and ,means  ,a      
,,bill  ,to amend the ,internal ,revenue
 ,code of #aihf to provide a credit to  
businesses for certain virtual training 
expenses related to elementary and      
secondary school students1 and for other
 purposes4  #a4 ,short title ,this ,act 
may be cited as the ,virtual            
,apprenticeship ,tax ,credit ,act of    
#bjai4  #b4 ,credit for virtual training
 expenses  7a7 ,in general ,subpart ,d  
of part ,,iv of subchapter ,a of chapter
 #a of the ,internal ,revenue ,code of  
#aihf is amended by adding at the end   
the following new section3  #de,t4      
,virtual training credit  7a7 ,allowance
 of credit ,for purposes of section #ch1
 the virtual training credit determined 
under this section for the taxable year 
is an amount equal to #cj percent of the

 qualified virtual training expenses    
paid or incurred by the taxpayer during 
such taxable year4  7b7 ,limitation ,the
 amount of the credit determined under  
subsection 7a7 with respect to any      
taxpayer for any taxable year shall not 
exceed #b1ejj4  7c7 ,qualified virtual  
training expenses ,for purposes of this 
section1 the term qualified virtual     
training expenses means expenses related
 to developing or expanding an          
industry-recognized virtual             
apprenticeship program for elementary   
and secondary school students4  7d7     
,denial of double benefit ,no deduction 
or credit shall be allowed under any    
other provision of this chapter with    
respect to the amount of the credit     
determined under this section4  4  7b7  
,credit made part of general business   
credit ,subsection 7b7 of section #ch of
 the ,internal ,revenue ,code of #aihf  
is amended by striking plus at the end  
of paragraph 7#ca71 by striking the     
period at the end of paragraph 7#cb7 and

 inserting 1 plus1 and by adding at the 
end the following new paragraph3  7#cc7 
the virtual training credit determined  
under section #de,t4  4  7c7 ,clerical  
amendment ,the table of sections for    
subpart ,d of part ,,iv of subchapter ,a
 of chapter #a of such ,code is amended 
by adding at the end the following new  
item3  ,sec4 #de,t4 ,virtual training   
credit44  7d7 ,effective date ,the      
amendments made by this section shall   
apply to taxable years beginning after  
the date of the enactment of this ,act4