Bill · H.R. 9438· House(119-HR-9438)
SKILL Act
- Introduced
- 6/24/2026
- Last activity
- 6/24/2026 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Sam Liccardo
- Cosponsors
- - 1 - 0
- Introduced
- In Committee
What this bill would do
The SKILL Act aims to amend the Internal Revenue Code of 1986 to create a new tax credit for businesses. This credit is intended for qualifying employers that contribute to educational and workforce training consortia programs. The credit is based on students earning degrees, certificates, or credentials, or on those hired full-time after completing such programs. These programs must be offered by public or community/technical colleges and completed within two years. The credit is subject to allocations made by designated state agencies and a national limitation.
Yes· 3 of 9
Would people in their twenties and thirties be better off under this?+5
The bill promotes specialized training and full-time employment opportunities for those pursuing degrees or certificates.
Would business owners be better off under this?+5
Employers can receive tax credits for contributing to the development of a skilled workforce.
Would students be better off under this?+5
The bill encourages industry-led training, internships, and apprenticeship opportunities for students.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Financial incentives for employers to support education: Qualifying employers can receive a credit of $2,500 for each student that earns a degree, certificate, or credential from a qualifying program (Section 2(a)(1)(A)).
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Support for hiring graduates: Employers can receive a $2,500 credit for each student who earned a degree, certificate, or credential during the current or preceding taxable year and was subsequently hired on a full-time basis (Section 2(a)(1)(B)).
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Opportunities for hands-on learning: The bill allows employers to qualify by providing internships, applied learning opportunities, registered apprenticeship programs, or access to laboratories (Section 2(b)(2)).
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Enhanced curriculum development: Employers can contribute to qualifying programs by participating in curricula development or skills assessments (Section 2(b)(1)).
Potential Negative Impacts for People
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Limited duration of the program: Qualifying programs must be designed to be completed by participants within a period of 2 years or less (Section 2(c)(4)).
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Strict funding limits: The national calendar year credit limitation is set at $500,000,000 for years 2027 through 2031, and will be zero for each calendar year thereafter (Section 2(e)(1)).
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Competitive allocation of credits: The designated state agency will allocate credit amounts to qualifying employers on a competitive basis (Section 2(d)).
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+5Good For Young Adults+5Good For Low Income Households+3
- Economy And Finance
- Increases Job Creation+5Reduces Small Business Taxes+4Improves Economic Growth+3
- Social Issues And Justice
- Improves Poverty Reduction+3
- Education And Technology
- Improves College Affordability+2
- 6/24/2026
- Referred to the House Committee on Ways and Means.
- 1 Cosponsor added.
- Introduced in House
Jimmy PanettaDemocrat · California