summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
For legislation to establish a Lifelong Learning and Training Account program. Revenue.
AI Summary
This bill establishes a Lifelong Learning and Training Account program in Massachusetts. The program allows designated beneficiaries with an adjusted gross income of $75,000 or less to contribute up to $2,000 annually to an individual account, which can be used to pay for qualified workforce training expenses. The state will provide a matching contribution of up to $2,000 per year to these accounts. The accounts can be maintained across different employers and during periods of unemployment. The bill also provides for a tax deduction for contributions to these accounts and requires the Department of Career Services to report annually on the program's implementation and outcomes.
Committee Categories
Budget and Finance
Sponsors (5)
Last Action
Accompanied a study order, see S2549 (on 02/20/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://malegislature.gov/Bills/191/S1695 |
Bill | https://malegislature.gov/Bills/191/S1695.pdf |
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