,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #hchd  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,septemb] #bd1 #bjbj  
,ms4 ,ku/] ( ,new ,hamp%ire introduc$ ! 
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,ways & ,means  ,a ,,bill 
,to am5d ! ,int]nal ,rev5ue ,code (     
#aihf to all[ employ]s a cr$it aga9/    
income tax z an inc5tive to p>tn] )     
educational in/itutions to improve      
work=ce developm5t & job tra9+ = /ud5ts 
& a cr$it aga9/ income tax = c]ta9      
exp5ses ( job tra9+ programs4  #a4 ,%ort
 title ,?is ,act may be cit$ z !        
,work=ce ,developm5t ,inve/m5t ,act (   
#bjbj4  #b4 ,cr$it = employ]s :i* p>tn] 
) educational in/itutions to improve    
work=ce developm5t & job tra9+ = /ud5ts 
7a7 ,9 g5]al ,subp>t ,d ( "p ,,iv (     
sub*apt] ,a ( *apt] #a ( ! ,int]nal     
,rev5ue ,code ( #aihf is am5d$ by add+  
at ! end ! foll[+ new section3  #de,u4  
,employ]s p>tn]+ ) educational          
in/itutions to improve work=ce          
developm5t & job tra9+ = /ud5ts  7a7    

,g5]al rule ,= purposes ( section #ch1 !
 employ] p>tn]+ cr$it det]m9$ "u ?is    
section = any taxable ye> is an am\nt   
equal to #e1jjj = ea* qualifi$          
educational in/itution engag$ 9 a       
qualifi$ p>tn]%ip ) ! employ]4  7b7     
,maximum cr$it  7#a7 ,9 g5]al ,! cr$it  
det]m9$ "u ?is section = any taxable ye>
 %all n exce$ #bj1jjj4  7#b7 ,controll$ 
gr\ps ,all p]sons treat$ z a s+le       
employ] "u subsection 7b71 7c71 7m71 or 
7o7 ( section #dad %all be treat$ z a   
s+le employ] = purposes ( p>agraph 7#a74
  7c7 ,def9itions ,= purposes ( ?is     
section--  7#a7 ,qualifi$ educational   
in/itution ,! t]m qualifi$ educational  
in/itution means any community college1 
any o!r in/itution ( high] education1 & 
any area c>e] & te*nical education      
s*ool4  7#b7 ,community college ,! t]m  
community college means an in/itution ( 
high] education t--  7,a7 admits z a    
regul> /ud5t an individual :o is beyond 
! age ( compulsory s*ool att5dance 9 !  
,/ate 9 :i* ! in/itution is locat$ & :o 

has ! ability to b5efit f ! tra9+ (f]$  
by ! in/itution1 &  7,b7 (f]s a #b-ye>  
program 9 eng9e]+1 ma!matics1 or !      
physical or biological sci5ces design$  
to prep>e a /ud5t to "w z a te*nician or
 at ! semipr(essional level 9 eng9e]+1  
sci5tific1 or o!r te*nological fields   
requir+ ! und]/&+ & application ( basic 
eng9e]+1 sci5tific1 or ma!matical       
pr9ciples ( k4  7#c7 ,in/itution ( high]
 education ,! t]m in/itution ( high]    
education has ! mean+ giv5 su* t]m 9    
section #ajb ( ! ,high] ,education ,act 
( #aife 7#bj ,u4,s4,c4 #ajjb74  7#d7    
,area c>e] & te*nical education s*ool ,!
 t]m area c>e] & te*nical education     
s*ool has ! mean+ giv5 su* t]m 9 section
 #c ( ! ,c>l ,d4 ,p]k9s ,c>e] &         
,te*nical ,education ,act ( #bjjf 7#bi  
,u4,s4,c4 #bcjb74  7#e7 ,qualifi$       
p>tn]%ip ,n lat] ?an six mon?s aft] !   
date ( ! enactm5t ( ?is section1 !      
,secret>y ( ,education1 9 consultation )
 ! ,secret>y ( ,labor1 %all def9e ! t]m 
qualifi$ p>tn]%ip4 ,su* t]m %all include

 a p>tn]%ip ?r\gh :i*-- 7,a7 an employ] 
collaborates ) an educational in/itution
 to help develop curriculum 9 ord] to   
improve work=ce developm5t & job tra9+ =
 /ud5ts1  7,b7 an employ] helps provide 
in/ruction to /ud5ts 9 ! classroom1 &   
7,c7 an employ] provides int]n%ips1     
appr5tice%ips1 or o!r simil> educational
 opportunities 9 ! workplace = /ud5ts4  
,! ,secret>y %all1 to ! ext5t           
practicable1 m9imize ! burd5s (         
educational in/itutions 9 any           
qualification process or requirem5ts    
prescrib$ "u ?is p>agraph4  7d7 ,c]ta9  
rules ,to ,apply ,= purposes ( ?is      
section1 rules simil> to ! rules (      
subsections 7c71 7d71 & 7e7 ( section   
#eb %all apply4  4  7b7 ,cr$it ,to be "p
 ( g5]al bus9ess cr$it ,section #ch7;b7 
( su* ,code is am5d$ by /rik+ plus at ! 
end ( p>agraph 7#cb71 by /rik+ ! p]iod  
at ! end ( p>agraph 7#cc7 & ins]t+ 1    
plus1 & by add+ at ! end ! foll[+ new   
p>agraph3  7#cd7 ! employ] p>tn]+ cr$it 
det]m9$ "u section #de,u4  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,u4 
,employ]s p>tn]+ ) educational          
in/itutions to improve work=ce          
developm5t & job tra9+ = /ud5ts4  4  7d7
 ,effective date ,! am5dm5ts made by ?is
 section %all apply to taxable ye>s     
beg9n+ aft] ! date ( ! enactm5t ( ?is   
,act4  #c4 ,tax cr$it = employ]s :o     
engage 9 qualifi$ work] tra9+  7a7 ,9   
g5]al ,subp>t ,d ( "p ,,iv ( sub*apt] ,a
 ( *apt] #a ( ! ,int]nal ,rev5ue ,code (
 #aihf1 z am5d$ by ! prec$+ provisions (
 ?is ,act1 is am5d$ by add+ at ! end !  
foll[+ new section3  #de,v4 ,cr$it =    
employ]s :o engage 9 qualifi$ work]     
tra9+  7a7 ,9 g5]al ,= purposes (       
section #ch1 9 ! case ( any employ]1 !  
work] tra9+ tax cr$it det]m9$ "u ?is    
section ) respect to any eligible       
employee ( ! employ] is an am\nt equal  
to ! less] (-- 7#a7 #ej p]c5t ( ! job   
tra9+ program exp5ditures ( ! taxpay] ) 

respect to su* employee dur+ ! taxable  
ye>1 or  7#b7 #e1jjj4  7b7 ,job tra9+   
program exp5ses ,= purposes ( ?is       
section--  7#a7 ,9 g5]al ,! t]m job     
tra9+ program exp5ses means am\nts paid 
or incurr$ by ! employ] = exp5ses       
incurr$ by or on behalf ( an eligible   
employee = p>ticipation 9 a qualifi$    
tra9+ program4  7#b7 ,qualifi$ tra9+    
program ,! t]m qualifi$ tra9+ program   
means--  7,a7 a qualifi$ p>tn]%ip 7z    
def9$ 9 section #de,u7c77#e771 or  7,b7 
an appr5tice%ip program regi/]$ &       
c]tifi$ ) ! ,secret>y ( ,labor "u       
section #a ( ! ,national ,appr5tice%ip  
,act 7#bi ,u4,s4,c4 #ej74  7c7 ,eligible
 employee ,= purposes ( ?is section1 !  
t]m eligible employee means any employee
 ( ! employ] :o1 :ile p>ticipat+ 9 !    
qualifi$ tra9+ program1 is-- 7#a7       
employ$ on av]age at lea/ #dj h\rs (    
s]vice p] week1 or  7#b7 9 ! case ( a   
qualifi$ tra9+ program ) a qualifi$     
p>tn]%ip 7z def9$ 9 section             
#de,u7c77#e771 meets su* h\rly "w       

requirem5ts z may be specifi$ by !      
,secret>y ( ,education 9 connection )   
su* p>tn]%ip4  7d7 ,recapture ( cr$it = 
employee n p]=m+ m9imum s]vice  7#a7 ,9 
g5]al ,9 ! case ( any employee ) respect
 to :om a cr$it is all[$ "u ?is section 
& ^: employm5t is t]m9at$ by ! employ]  
7o!r ?an by reason ( su* employee's     
gross misconduct7 be=e ! end ( ! #b-ye> 
p]iod beg9n+ on ! fir/ day ( !          
employee's /udy or tra9+ ) respect to   
:i* a cr$it is all[$ "u ?is section1 !  
tax ( ! taxpay] "u ?is *apt] = ! taxable
 ye> dur+ :i* su* t]m9ation occurs %all 
be increas$ by an am\nt equal to--  7,a7
 ! aggregate decrease 9 ! cr$its all[$  
"u section #ch = all prior taxable ye>s 
:i* w\ld h result$ if ! job tra9+       
program exp5ses ) respect to su*        
employee _h be5 z]o1 multipli$ by  7,b7 
! inclusion ratio4  7#b7 ,inclusion     
ratio ,= purposes ( ?is subsection1 !   
inclusion ratio is ! ratio :i*-- 7,a7 an
 am\nt equal to ! diff]5ce (--  7i7 !   
numb] ( days 9 ! #b-ye> p]iod1 ov]  7ii7

 ! numb] ( days su* employee 0 employ$  
by ! employ] dur+ su* #b-ye> p]iod1 be>s
 to  7,b7 ! numb] ( days 9 ! #b-ye>     
p]iod4  7e7 ,controll$ gr\ps ,= purposes
 ( ?is section1 all p]sons treat$ z a   
s+le employ] "u subsection 7b71 7c71    
7m71 or 7o7 ( section #dad %all be      
treat$ z a s+le employ]4  4  7b7 ,cr$it 
,to be "p ( g5]al bus9ess cr$it         
,subsection 7b7 ( section #ch ( su*     
,code1 z am5d$ by ! prec$+ provisions ( 
?is ,act1 is am5d$ by /rik+ plus at !   
end ( p>agraph 7#cc71 by /rik+ ! p]iod  
at ! end ( p>agraph 7#cd7 & ins]t+ 1    
plus1 & by add+ at ! end ! foll[+ new   
p>agraph3  7#ce7 ! work] tra9+ tax cr$it
 det]m9$ "u section #de,v7a74  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,v4 
,cr$it = employ]s :o engage 9 qualifi$  
work] tra9+4  4  7d7 ,effective date ,! 
am5dm5ts made by ?is section %all apply 
to taxable ye>s beg9n+ aft] ! date ( !  

enactm5t ( ?is ,act4