AI Workforce Training Act

Financial assistance for employee training: The bill provides a tax credit equal to 30 percent of qualified artificial intelligence training expenses, which includes enrollment in accredited programs, workshops, certificate programs, and courses on topics like prompt engineering, data literacy, machine learning fundamentals, or artificial intelligence ethics (Section 2(a)(1)).

Support for wages during training: The credit can cover the wages of an employee while they are attending a training program, workshop, or course (Section 2(a)(1)(C)).

Support for internal training development: The credit can be applied to expenses related to developing or providing in-house artificial intelligence training for employees (Section 2(a)(1)(C)).

Increased accessibility through information: The Secretary of the Treasury, Secretary of Labor, and Secretary of Commerce are required to carry out a public outreach campaign that includes informational webinars and the distribution of multilingual informational materials through small business development centers, trade associations, and workforce boards (Section 3(a)).

Limits on the amount of credit: The credit is capped at $2,500 for each employee for which expenses are paid or incurred (Section 2(a)(1)(b)).

Restrictions on combining benefits: To prevent double benefits, no other credit or deduction can be allowed for the same expenses used to claim this credit, and the basis of any property must be reduced by the amount of the credit if those expenses were used to determine the basis (Section 2(a)(1)(d)).