Bill > HR3871

This bill creates a new tax credit for employers who hire individuals through registered apprenticeship programs in infrastructure-related occupations. The tax credit provides $3,000 for most new apprentice hires and $6,000 for specific groups like recently separated veterans, National Guard/reserve members, and military spouses. The credit is available for two tax years during the apprenticeship, but only for apprentices in specific occupational categories such as construction, extraction, installation, maintenance, repair, production, and information technology. To qualify, employers must hire apprentices through registered apprenticeship programs, with the apprentice being a new hire reported on a W-2 form and enrolled within 90 days of hiring. The credit is subject to a total volume cap of $5 billion and will be tracked and monitored by the Departments of Treasury and Labor. Employers must obtain an eligibility certificate for each apprentice and cannot claim the credit for apprentices who are involuntarily terminated or who pay any fees to participate in the program. The bill aims to incentivize employers to invest in workforce development, particularly in critical infrastructure-related fields, and provide opportunities for specific groups like veterans and military-connected individuals.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/3871/all-info