,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #didi  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,augu/ #ab1 #bjbe,mr4 
,h>d] ( ,cali=nia 7= himself & ,mrs4    
,kiggans ( ,virg9ia7 introduc$ ! foll[+ 
bill2 :i* 0 ref]r$ to ! ,committee on   
,ways & ,means  ,a ,,bill  ,to am5d !   
,int]nal ,rev5ue ,code ( #aihf to       
e/abli% a cr$it = c]ta9 employ]s (      
qualify+ c>e] & te*nical education      
/ud5ts4  #a4 ,%ort title  ,?is ,act may 
be cit$ z ! ,appr5tice%ips = ,small     
,bus9esses ,act ( #bjbe4  #b4 ,c>e] &   
te*nical education cr$it  7a7 ,9 g5]al  
,subp>t ,d ( "p ,,iv ( sub*apt] ,a (    
*apt] #a ( ! ,int]nal ,rev5ue ,code (   
#aihf is am5d$ by add+ at ! end ! foll[+
 new section3  #de,u4 ,c>e] & te*nical  
education cr$it  7a7 ,9 g5]al ,= !      
purposes ( section #ch1 9 ! case ( a    
small bus9ess conc]n 7z su* t]m is def9$
 "u section #c ( ! ,small ,bus9ess      
,act71 ! c>e] & te*nical education cr$it
 det]m9$ "u ?is section = any taxable   
ye> is an am\nt equal to ! sum (--  7#a7

 ! am\nt equal to #ej p]c5t ( ! qualifi$
 wages paid by ! taxpay] dur+ ! taxable 
ye>1 plus  7#b7 ! am\nt equal to !      
qualifi$ workm5's comp5sation exp5ses ( 
! taxpay] = ! taxable ye>4  7b7         
,limitation  7#a7 ,9 g5]al ,! am\nt (   
cr$it det]m9$ "u subsection 7a7 %all n  
exce$ #aj1jjj = any taxpay] 9 any       
taxable ye>4  7#b7 ,relat$ p>ty ,=      
purposes ( p>agraph 7#a71 taxpay]s :i*  
are treat$ z a s+le employ] "u          
subsection 7a7 or 7b7 ( section #eb or  
subsection 7m7 or 7o7 ( section #dad    
%all be treat$ z a s+le taxpay]4  7c7   
,qualifi$ employee ,= purposes ( ?is    
section1 ! t]m qualifi$ employee means1 
) respect to an employ]1 an employee    
:o-- 7#a7 has n atta9$ ! age ( #ba z ( !
 la/ day ( ! taxable ye>1 or  7#b7 is-- 
7,a7 p>ticipat+ 9 a regi/]$ appr5tice%ip
 program1 z def9$ 9 section             
#caca7;e77#c77;,b71 or  7,b7 enroll$1   
dur+ su* taxable ye>1 9-- 7i7 any c\rse 
( /udy relat+ to ! trade or bus9ess (   
su* employ] at a community college :i*  

complies ) any applicable ,/ate or local
 lic5s+ requirem5ts necess>y to issue   
associate's degrees1 or  7ii7 any c>e]  
tra9+ or vocational program 7includ+    
c>e] & te*nical education programs ( a  
high s*ool7 relat+ to ! trade or bus9ess
 ( ! employ]4  7d7 ,qualifi$ workm5's   
comp5sation exp5ses ,= purposes ( ?is   
section1 ! t]m qualifi$ workm5's        
comp5sation exp5ses means am\nts paid or
 incurr$ by ! taxpay] dur+ ! taxable ye>
 = premiums relat+ to an insurance      
policy 7or ! appropriate portion ( su*  
policy7 :i* insures ! taxpay] aga9/     
claims "u a workm5's comp5sation law ( !
 ,unit$ ,/ates1 any ,/ate1 ! ,di/rict ( 
,columbia1 or ! ,commonweal? ( ,pu]to   
,rico 9 relation to ! employm5t ( a     
qualifi$ employee4  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 9 ! case (  

small bus9ess conc]n 7z su* t]m is def9$
 "u section #c ( ! ,small ,bus9ess      
,act71 ! c>e] & te*nical education cr$it
 det]m9$ "u section #de,u7a74  4  7c7   
,cl]ical am5dm5t ,! table ( sections =  
subp>t ,d ( "p ,,iv ( sub*apt] ,a (     
*apt] #a ( su* ,code is am5d$ by ins]t+ 
aft] ! item relat+ to section #de,t !   
foll[+ new item3  ,sec4 #de,u4 ,c>e] &  
te*nical education cr$it4  4  7d7       
,effective date ,! am5dm5ts made by ?is 
section %all apply am\nts paid or       
incurr$ 9 taxable ye>s beg9n+ aft]      
,decemb] #ca1 #bjbe4