Bill > HR4049

This bill amends the Workforce Innovation and Opportunity Act to establish employer-directed skills accounts, which create a new framework for job training and skills development programs. The bill introduces two key types of training: on-the-job training and employer-sponsored skills development, both of which can be funded through new employer-directed skills accounts. For these programs, employers must select and commit to hiring individuals who are not current employees, and they must contribute a portion of the training costs based on their company size (10-50% depending on the number of employees). The local workforce board will review and approve training agreements, prioritizing small businesses and programs that align with local workforce needs and lead to recognized credentials. The accounts provide a mechanism for the federal government to reimburse employers for training costs after the training is completed, with specific requirements for documentation of wages and skills learned. The bill aims to create more direct, employer-driven pathways for job training and skill acquisition, particularly for individuals seeking employment in in-demand industry sectors.

Education

https://www.congress.gov/bill/119th-congress/house-bill/4049/all-info