,i  #aah? ,,congress  #a/ ,session  ,h4 
,r4 #afef  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,m>* #ag1 #bjbc,mr4   
,smuck] introduc$ ! foll[+ bill2 :i* 0  
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to am5d ! ,int]nal ,rev5ue
 ,code ( #aihf to all[ a cr$it aga9/ tax
 = *>itable donations to nonpr(it       
organizations provid+ work=ce tra9+4    
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,,usa ,work=ce ,tax ,cr$it ,act4  #b4 
,tax cr$it = contributions to work=ce   
developm5t & appr5tice%ip tra9+         
organizations  7a7 ,cr$it = individuals 
7#a7 ,9 g5]al ,subp>t ,a ( "p ,,iv (    
sub*apt] ,a ( *apt] #a ( ! ,int]nal     
,rev5ue ,code ( #aihf is am5d$ by ins]t+
 aft] section #be;,e ! foll[+ new       
section3  #be;,f4 ,qualifi$ ,work=ce    
,developm5t & ,appr5tice%ip ,tra9+      
,programs  7a7 ,all[ance ( cr$it ,9 !   
case ( an individual1 !re %all be all[$ 
z a cr$it aga9/ ! tax impos$ by ?is     
*apt] = ! taxable ye> an am\nt equal to 
! am\nt ( qualifi$ contributions made by

 ! taxpay] dur+ ! ye>4  7b7 ,doll>      
limitations  7#a7 ,income limitation ,! 
am\nt all[$ z a cr$it "u subsection 7a7 
) respect to any taxpay] %all n exce$   
#be p]c5t ( ! tax liability ( ! taxpay] 
) a maximum value ( #bej1jjj4  7#b7     
,r$uction bas$ on /ate cr$it ,! am\nt   
all[$ z a cr$it "u subsection 7a7 = a   
taxable ye> %all be r$uc$ by ! am\nt    
all[$ z a cr$it on any ,/ate tax return 
( ! individual = qualifi$ contributions 
made by ! taxpay] dur+ ! taxable ye>4   
7c7 ,qualifi$ contributions2 o!r        
def9itions ,= purposes ( ?is section--  
7#a7 ,qualifi$ contribution ,! t]m      
qualifi$ contribution means a *>itable  
contribution 7z def9$ by section        
#agj7;c77 to a work=ce developm5t or    
appr5tice%ip tra9+ organization4  7#b7  
,work=ce developm5t or appr5tice%ip     
tra9+ organization ,! t]m work=ce       
developm5t or appr5tice%ip tra9+        
organization means any organization--   
7,a7 :i*-- 7i7 is describ$ 9 section    
#eja7;c77#c7 & exempt f tax "u section  

#eja7;a71 &  7ii7 is n a private        
f\ndation1  7,b7 ! exclusive purpose if 
:i* is-- 7i7 to provide work=ce         
developm5t & appr5tice%ip tra9+ to      
eligible p>ticipants1 includ+-- 7,i7    
community colleges1  7,,ii7 work=ce     
tra9+ programs1 z def9$ by ,/ate work=ce
 ag5cies1  7,,iii7 organizations t      
provide c>e] & te*nical education1      
7,,iv7 organizations t provide tra9+ or 
appr5tice%ips op]at$ by a collective    
b>ga9+ organization1  7,v7 community    
organizations t provide full c]tifi$    
tra9+1 &  7,,vi7 private s*ools t conf] 
diplomas1 degrees1 or c]tify completion 
( c]ta9 grades1 or  7ii7 to provide     
s*ol>%ips = use 9 obta9+ work=ce        
developm5t & appr5tice%ip tra9+ describ$
 9 clause 7i7 at an organization :i* is 
exempt f tax "u section #eja7;a7 7o!r   
?an a private f\ndation71 &  7,c7 t is 9
 compliance ) all applicable ,/ate laws1
 includ+ laws relat+ to unlawful        
discrim9ation1 heal? & safety           
requirem5ts1 & crim9al backgr\nd *ecks (

 employees4  7#c7 ,eligible p>ticipants 
,! t]m eligible p>ticipant means an     
individual :o is enroll$ 9 a work=ce    
developm5t & appr5tice%ip tra9+         
organization1 z describ$ 9 p>agraph     
7#b77;,b74  7d7 ,d5ial ( d\ble b5efit   
,no d$uction %all be all[$ "u any       
provision ( ?is *apt] = any exp5se = :i*
 a cr$it is all[$ "u ?is section4  7e7  
,election ,?is section %all apply to a  
taxpay] = a taxable ye> only if su*     
taxpay] elects to h ?is section apply = 
su* taxable ye>4  7f7 ,application (    
volume cap ,a contribution %all be tak5 
into acc\nt "u ?is section only if su*  
contribution is recogniz$ by ! ,secret>y
 z apply+ aga9/ ! volume cap e/abli%$ "u
 section #d ( ! ,,usa ,work=ce ,tax     
,cr$it ,act4  4  7#b7 ,cl]ical am5dm5t  
,! table ( sections = subp>t ,a ( "p    
,,iv ( sub*apt] ,a ( *apt] #a ( su*     
,code is am5d$ by ins]t+ aft] ! item    
relat+ to section #be;,e ! foll[+ new   
item3  ,sec4 #be;,f4 ,qualifi$ ,work=ce 
,developm5t & ,appr5tice%ip ,tra9+      

,programs4  4  7b7 ,bus9ess cr$it  7#a7 
,9 g5]al ,subp>t ,d ( "p ,,iv ( sub*apt]
 ,a ( *apt] #a ( su* ,code is am5d$ by  
add+ at ! end ! foll[+ new section3     
#de;,,bb4 ,contributions to work=ce     
developm5t or appr5tice%ip tra9+        
organizations  7a7 ,g5]al rule ,=       
purposes ( section #ch1 9 ! case ( a    
corporation1 ! work=ce developm5t &     
appr5tice%ip tra9+ cr$it det]m9$ "u ?is 
section = ! taxable ye> is ! aggregate  
am\nt ( qualifi$ contributions = !      
taxable ye>4  7b7 ,limitation  7#a7     
,income limitation ,! am\nt ( ! cr$it   
det]m9$ "u ?is section = any taxable ye>
 %all n exce$ ! less] (-- 7,a7 #be p]c5t
 ( ! tax liability ( ! taxpay] = !      
taxable ye>1 &  7,b7 #bej1jjj4  7#b7    
,r$uction bas$ on /ate cr$it ,! am\nt   
all[$ z a cr$it "u subsection 7a7 = a   
taxable ye> %all be r$uc$ by ! am\nt    
all[$ z a cr$it on any ,/ate tax return 
( ! individual = qualifi$ contributions 
made by ! taxpay] dur+ ! taxable ye>4   
7#c7 ,qualifi$ contributions ,= purposes

 ( ?is section1 ! t]m qualifi$          
contribution has ! mean+ giv5 su* t]m "u
 section #be;,f4  7c7 ,d5ial ( d\ble    
b5efit ,no d$uction %all be all[$ "u any
 provision ( ?is *apt] = any exp5se =   
:i* a cr$it is all[$ "u ?is section4    
7d7 ,election ,?is section %all apply to
 a taxpay] = a taxable ye> only if su*  
taxpay] elects to h ?is section apply = 
su* taxable ye>4  7e7 ,application (    
volume cap ,a contribution %all be tak5 
into acc\nt "u ?is section only if su*  
contribution is recogniz$ by ! ,secret>y
 z apply+ aga9/ ! volume cap e/abli%$ "u
 section #d ( ! ,,usa ,work=ce ,tax     
,cr$it ,act4  4  7#b7 ,con=m+ am5dm5ts  
,section #ch7;b7 ( su* ,code is am5d$ by
 /rik+ plus at ! end ( p>agraph 7#dj71  
by /rik+ ! p]iod & ins]t+ 1 plus at !   
end ( p>agraph 7#da71 & by add+ at ! end
 ! foll[+ new p>agraph3  7#db7 ! work=ce
 developm5t or appr5tice%ip tra9+ cr$it 
det]m9$ "u section #de;,,bb7a74  4  7#c7
 ,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;,,bb4 ,contributions to work=ce     
developm5t or appr5tice%ip tra9+        
organizations4  4  7c7 ,excise tax on   
failure ( s*ol>%ip grant+ organizations 
,to make di/ributions  7#a7 ,9 g5]al    
,*apt] #db ( su* ,code is am5d$ by add+ 
at ! end ! foll[+ new sub*apt]3  ,i     
,organizations ,provid+ ,work=ce        
,developm5t or ,appr5tice%ip ,tra9+     
,sec4 #difi4 ,tax on failure to         
di/ribute receipts4  #difi4 ,tax on     
failure to di/ribute receipts  7a7 ,tax 
impos$ ,!re is h]eby impos$ a tax on !  
failure ( a work=ce developm5t or       
appr5tice%ip tra9+ organization 7z def9$
 9 section #be;,f7c77 to make           
di/ributions 9 any taxable ye> 9 an     
am\nt equal to or 9 excess ( ! requir$  
di/ribution am\nt be=e ! di/ribution    
deadl9e relat+ to a taxable ye>4  7b7   
,am\nt ( tax ,! tax impos$ by subsection
 7a7 ) respect to a taxable ye> %all be 
equal to #ae p]c5t ( ! excess 7if any7  

(-- 7#a7 ! requir$ di/ribution am\nt )  
respect to ! taxable ye>1 ov]  7#b7 !   
am\nt ( receipts ( ! work=ce developm5t 
or appr5tice%ip tra9+ organization = ea*
 taxable ye> :i* are di/ribut$ be=e !   
di/ribution deadl9e ) respect to su*    
receipts4  7c7 ,def9itions ,= purposes (
 ?is section-- 7#a7 ,requir$ di/ribution
 am\nt  7,a7 ,9 g5]al ,! requir$        
di/ribution am\nt ) respect to a taxable
 ye> is ! am\nt equal to #ajj p]c5t ( ! 
total receipts ( ! work=ce developm5t or
 appr5tice%ip tra9+ organization = su*  
taxable ye>-- 7i7 r$uc$ by ! sum ( su*  
receipts t are reta9$ = adm9i/rative    
exp5ses = ! taxable ye> or are c>ri$ to 
! succe$+ taxable ye> "u subp>agraph    
7,c71 &  7ii7 increas$ by ! am\nt ( !   
c>ryov] "u subp>agraph 7,c7 f ! prec$+  
taxable ye>4  7,b7 ,adm9i/rative exp5ses
 ,= purposes ( ?is p>agraph1 n m ?an #aj
 p]c5t ( total receipts ( a qualifi$    
work=ce developm5t or appr5tice%ip tra9+
 organization = a taxable ye> may be us$
 = adm9i/rative purposes4  7,c7 ,c>ryov]

 ,receipts ( a qualifi$ work=ce         
developm5t or appr5tice%ip tra9+        
organization t are n disburs$ = !       
taxable ye> or reta9$ = adm9i/rative    
purposes = ! taxable ye> %all be c>ri$  
to ! succe$+ taxable ye>4 ,! am\nt c>ri$
 to ! taxable ye> "u ! prec$+ s5t5ce    
%all n exce$ #ae p]c5t ( total receipts 
( ! qualifi$ work=ce developm5t or      
appr5tice%ip tra9+ organization = !     
taxable ye>4  7#b7 ,di/ributions ,! t]m 
di/ribution includes am\nts :i* are     
=mally committ$ b n di/ribut$4 ,a =mal  
commitm5t describ$ 9 ! prec$+ s5t5ce may
 include contributions set aside =      
eligible /ud5ts or p>ticipants = m ?an  
"o ye>4  7#c7 ,di/ribution deadl9e ,!   
di/ribution deadl9e ) respect to        
receipts = a taxable ye> is ! fir/ day (
 ! second taxable ye> foll[+ ! taxable  
ye> 9 :i* su* receipts are receiv$ by ! 
s*ol>%ip grant+ organization4  7d7      
,reasonable cause exception ,! tax      
impos$ by subsection 7a7 %all n apply ) 
respect to any failure to make requir$  

di/ributions be=e ! di/ribution deadl9e 
:i* is n willful & is due to reasonable 
cause4  4  7#b7 ,abatem5t ( tax  7,a7   
,g5]al rule ,subsection 7b7 ( section   
#difb ( su* ,code is am5d$ by /rik+ or  
,g & ins]t+ ,g1 or ,i4  7,b7 ,fir/ ti]  
tax ,subsection 7a7 ( section #difc (   
su* ,code is am5d$ by ins]t+ #difi1 aft]
 #difg14  7,c7 ,taxable ev5t ,subsection
 7c7 ( section #difc ( su* ,code is     
am5d$ by ins]t+ #difi1 aft] #difg14     
7#c7 ,correction p]iod ,subp>agraph 7,a7
 ( section #difc7;e77#b7 ( su* ,code is 
am5d$ by ins]t+ or #difi aft] #didb4    
7#d7 ,cl]ical am5dm5t ,! table (        
sub*apt]s = *apt] #db ( su* ,code is    
am5d$ by add+ at ! end ! foll[+ new     
item3  ,sub*apt] ,i4 ,organizations     
,provid+ ,work=ce ,developm5t1          
,appr5tice%ip ,tra9+1 or ,s*ol>%ips  4  
7c7 ,effective date ,! am5dm5ts made by 
?is ,act %all apply to taxable ye>s     
beg9n+ aft] ,decemb] #ca1 #bjbc4  #c4   
,organizational autonomy ,a p>ticipat+  
eligible organization or entity "u !    

programs e/abli%$ pursuant to ?is ,act  
are autonom\s & n ag5ts ( ! ,/ate or    
,f$]al ,gov]nm5t & !re=e-- 7#a7 a ,f$]al
 or ,/ate ag5cy may n 9 any way regulate
 ! program ( a p>ticipat+ entity t      
accepts a contribution "u ?is ,act2     
7#b7 ! provision ( tax cr$its "u ?is    
,act does n exp& ! regulatory au?ority (
 ! ,f$]al ,gov]nm5t1 ! ,/ate1 its       
(fic]s1 or any s*ool di/rict to impose  
any additional regulation ( an entity   
beyond ^? necess>y to en=ce !           
requirem5ts ( ?is ,act2 &  7#c7         
p>ticipat+ eligible entities %all be    
giv5 ! maximum fre$om to provide = !    
ne$s ( _! p>ticipants )\t gov]nm5t      
control4  #d4 ,volume cap  7a7 ,am\nt ,!
 volume cap am\nt available = tax cr$its
 all[$ "u sections #be;,f & #de;,,bb ( !
 ,int]nal ,rev5ue ,code ( #aihf1 z add$ 
by ?is ,act1 %all be #b1jjj1jjj1jjj     
annually1 beg9n+ = taxable ye>s beg9n+ 9
 #bjbd & = ea* succe$+ cal5d> ye>       
!reaft]4  7b7 ,application = cr$its ,!  
,secret>y %all develop a sy/em to track 

& make available in=mation 9 real "t1   
reg>d+ availability ( su* tax cr$its to 
donors :i* w be available on a          
fir/-come1 fir/-s]ve basis4