Bill · H.R. 1662· House(119-HR-1662)
LEAP Act
- Introduced
- 2/27/2025
- Last activity
- 2/27/2025 — Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Sponsored by
- Nikki Budzinski
- Cosponsors
- - 7 - 2
- Introduced
- In Committee
What this bill would do
The LEAP Act seeks to amend the Internal Revenue Code of 1986 to provide a tax credit for employers. This credit is designed for employers who have employees participating in qualified apprenticeship programs. The credit amount is set at $1,500 for each apprenticeship employee that exceeds a specific applicable level. This credit is limited to a maximum of two taxable years per employee. Additionally, the bill directs the Office of Management and Budget to coordinate a strategy to reduce government printing costs over a 10-year period.
Yes· 3 of 11
Would business owners be better off under this?+5
Employers benefit from a direct tax credit for utilizing apprenticeship programs.
Is this likely to create jobs?+5
The credit incentivizes employers to hire and train apprentices through registered programs.
Would people in their twenties and thirties be better off under this?+4
Apprenticeships are a key pathway for young adults entering the workforce.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Tax Credits for Employers: Employers can receive a credit of $1,500 for each apprenticeship employee that exceeds a specific level (Sec. 2(a)).
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Support for New Apprenticeship Programs: Employers that did not have any apprenticeship employees in the three years preceding the credit year can set their applicable apprenticeship level to zero, allowing for more credit opportunities (Sec. 2(d)(2)).
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Protection for Printing Needs: The strategy to reduce government printing costs must ensure that essential printed documents remain available for social security recipients, Medicare beneficiaries, and people with limited internet access (Sec. 3(1)).
Potential Negative Impacts for People
-
Limitations on Credit Duration: The apprenticeship credit cannot be claimed for more than two taxable years for any single apprenticeship employee (Sec. 2(b)).
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Industry Restrictions: Employers in specific sectors, namely those under North American Industry Classification System code beginning with 23, face exclusions unless the individual is a specific type of pre-apprenticeship graduate and the employer sponsors a program (Sec. 2(e)(1)).
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Reduction of Other Credits: The amount of certain other credits (sections 45A, 51(a), and 1396(a)) will be reduced by the amount of the apprenticeship credit allowed (Sec. 2(f)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Business Owners+5Good For Students+4Good For Young Adults+4Good For Low Income Households+3Good For Retirees+2Good For Seniors+2
- Economy And Finance
- Increases Job Creation+5Reduces Government Spending+4Improves Economic Growth+3Improves Small Business Support+3
- Governance And Ideology
- Improves Government Transparency+2
- 1/27/2026
- 1 Cosponsor added.
- 11/25/2025
- 1 Cosponsor added.
- 11/4/2025
- 1 Cosponsor added.
- 7/23/2025
- 1 Cosponsor added.
- 6/12/2025
- 1 Cosponsor added.
- 3/5/2025
- 1 Cosponsor added.
- 2/27/2025
- Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 3 Cosponsors added.
- Introduced in House
Suzanne BonamiciDemocrat · Oregon
Mike CareyRepublican · Ohio
Mark DeSaulnierDemocrat · California
Val HoyleDemocrat · Oregon
Raja KrishnamoorthiDemocrat · Illinois
Nicole MalliotakisRepublican · New York
Luz RivasDemocrat · California
Josh RileyDemocrat · New York
Eric SorensenDemocrat · Illinois