S.393 - LEAP Act115th Congress (2017-2018) |
|Sponsor:||Sen. Scott, Tim [R-SC] (Introduced 02/15/2017)|
|Committees:||Senate - Finance|
|Latest Action:||Senate - 02/15/2017 Read twice and referred to the Committee on Finance. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed Senate
- Passed House
- To President
- Became Law
Summary: S.393 — 115th Congress (2017-2018)All Information (Except Text)
Introduced in Senate (02/15/2017)
Leveraging and Energizing America's Apprenticeship Programs Act or the LEAP Act
This bill amends the Internal Revenue Code to allow employers a business-related tax credit of $1,500 for hiring an apprentice who has not attained age 25 at the close of the taxable year or $1,000 for an apprentice who has attained age 25. The bill allows such credit for no more than two taxable years with respect to any apprentice. An "apprentice" is an employee who is employed in an officially-recognized apprenticeable occupation pursuant to an apprentice agreement registered with the Office of Apprenticeship of the Employment and Training Administration of the Department of Labor or a recognized state apprenticeship agency.
The Office of Management and Budget must coordinate with federal and independent agencies to: (1) determine which government publications could be available on government websites and no longer printed, (2) devise a strategy to reduce overall government printing costs over the 10-year period beginning with FY2017, (3) establish government-wide guidelines on employee printing, and (4) issue guidelines for publicly disclosing information about the publication of government documents.