Legis Daily

LEAP Act

USA116th CongressHR-4238| House 
| Updated: 9/6/2019
Tom Reed

Tom Reed

Republican Representative

New York

Cosponsors (1)
Linda T. Sánchez (Democratic)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Leveraging and Energizing America's Apprenticeship Programs Act or the LEAP Act This bill allows employers a business-related tax credit of $1,500 for hiring an apprenticeship employee who has not attained age 25 at the close of the taxable year or $1,000 for hiring an apprenticeship employee who has attained age 25. The credit is available for no more than two taxable years with respect to any apprenticeship employee. An apprenticeship employee is any employee who is employed by an employer in an officially recognized apprenticeable occupation and pursuant to an apprentice agreement registered with the Office of Apprenticeship of the Employment and Training Administration of the Department of Labor or a state apprenticeship agency. As an offset to the cost of this bill, the Office of Management and Budget shall coordinate with federal department heads and independent agencies to impose limits on government printing costs.
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Timeline
Sep 6, 2019
Introduced in House
Sep 6, 2019
Referred to the House Committee on Ways and Means.
  • September 6, 2019
    Introduced in House


  • September 6, 2019
    Referred to the House Committee on Ways and Means.

Taxation

Related Bills

  • HR 116-1660: LEAP Act
  • HR 116-1774: LEAP Act
Employee hiringEmployment and training programsIncome tax credits

LEAP Act

USA116th CongressHR-4238| House 
| Updated: 9/6/2019
Leveraging and Energizing America's Apprenticeship Programs Act or the LEAP Act This bill allows employers a business-related tax credit of $1,500 for hiring an apprenticeship employee who has not attained age 25 at the close of the taxable year or $1,000 for hiring an apprenticeship employee who has attained age 25. The credit is available for no more than two taxable years with respect to any apprenticeship employee. An apprenticeship employee is any employee who is employed by an employer in an officially recognized apprenticeable occupation and pursuant to an apprentice agreement registered with the Office of Apprenticeship of the Employment and Training Administration of the Department of Labor or a state apprenticeship agency. As an offset to the cost of this bill, the Office of Management and Budget shall coordinate with federal department heads and independent agencies to impose limits on government printing costs.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Sep 6, 2019
Introduced in House
Sep 6, 2019
Referred to the House Committee on Ways and Means.
  • September 6, 2019
    Introduced in House


  • September 6, 2019
    Referred to the House Committee on Ways and Means.
Tom Reed

Tom Reed

Republican Representative

New York

Cosponsors (1)
Linda T. Sánchez (Democratic)

Ways and Means Committee

Taxation

Related Bills

  • HR 116-1660: LEAP Act
  • HR 116-1774: LEAP Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Employee hiringEmployment and training programsIncome tax credits