Bill > S3560

This bill, the Promoting Local Arts and Creative Economy Workforce Act of 2022 or the PLACE Act, aims to promote and support the local arts and creative economy in the United States. The key provisions of the bill include: - Defining "creative industry or occupation" and incorporating that definition into various workforce and economic development programs across federal agencies. This includes amendments to the Workforce Innovation and Opportunity Act, career and technical education programs, and economic development grant programs. - Establishing new grant programs at the Department of Labor and Economic Development Administration to provide wage subsidies and support apprenticeship and internship programs related to the creative economy. - Providing tax incentives such as guidelines for community development entities focused on creative industries and occupations, expanding the work opportunity tax credit for hiring certain displaced workers, and allowing above-the-line deductions for expenses of performing artists. - Directing federal agencies to promote exports and international trade opportunities for creative industries and occupations, including through the Export-Import Bank, U.S. and Foreign Commercial Service, and Trade and Development Agency. - Creating a Creative Economy Advisory Board to study and make recommendations related to the creative economy, and establishing an Office of Readiness, Recovery, and Resilience within the National Endowment for the Arts to support artists and arts organizations in disaster preparedness and recovery.

Budget and Finance

https://www.congress.gov/bill/117th-congress/senate-bill/3560/all-info