S 2664 — Skilled Workforce Act
Last action — Read twice and referred to the Committee on Finance.
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✓Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill is in committee in the Senate. Introduced August 01, 2025. It must pass committee before a floor vote.
Next likely step: a committee vote, then a floor vote in the Senate.
Odds of enactment
Low chanceBased on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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In Committee
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (1 D).
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Bill Text
- Introduced Introduced in Senate Current html August 01, 2025
Compared against current U.S. Code AI-generated reading aid — verify against the official bill.
The bill establishes a new tax credit for qualifying workforce training projects under the Internal Revenue Code.
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Internal Revenue Code of 1986
SEC. 48F. QUALIFYING WORKFORCE TRAINING PROJECT CREDIT.
This creates a new section for the qualifying workforce training project credit.
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Internal Revenue Code of 1986
qualifying workforce training project credit for any taxable year is an amount equal to 30 percent of the qualified investment for such taxable year with respect to any qualifying workforce training project of an eligible taxpayer.
This outlines the amount and basis for the new tax credit.
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Internal Revenue Code of 1986
the term 'eligible taxpayer' means any taxpayer which is not a foreign entity of concern.
This defines who can be considered an eligible taxpayer for the new credit.
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Internal Revenue Code of 1986
Qualified investment for any taxable year is the basis of eligible property placed in service by the eligible taxpayer during such taxable year which is part of a qualifying workforce training project.
This specifies the investments eligible for the tax credit.
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Internal Revenue Code of 1986
The term 'qualifying workforce training project' means a project, any portion of the qualified investment of which is certified by the Secretary.
This defines what constitutes a qualifying workforce training project.
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Internal Revenue Code of 1986
The term 'eligible institution' means an entity that is a public secondary school, area career and technical education school, postsecondary vocational institution, community college, State-operated workforce development program, or a consortium of entities.
This defines which types of institutions can be involved in these workforce training projects.
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Internal Revenue Code of 1986
no deduction shall be allowed under section 170 with respect to such investment, and no credit shall be allowed under any other provision of this chapter with respect to such investment.
This prevents taxpayers from claiming multiple benefits for the same investment.
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Internal Revenue Code of 1986
total amount of credits that may be allocated under the program shall not exceed $500,000,000.
This sets a cap on the total credits that can be allocated under the new program.
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Internal Revenue Code of 1986
establish a qualifying workforce training project program to consider and award certifications for qualified investments eligible for credits.
This mandates the creation of a program to certify qualifying projects.
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Internal Revenue Code of 1986
Elective payment under section 6417 includes the qualifying workforce training project credit under section 48F.
This allows taxpayers to elect to receive payments for the qualifying workforce training project credit.
Action History
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Introduced in Senate
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Read twice and referred to the Committee on Finance.
Sponsors
- Jon Ossoff · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 546 not signed on
Sponsors (1)
- Ossoff, Jon Democratic
Co-sponsors (0)
None.
Not signed on (546)
546 members have not signed on to this bill.
Show all 546 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- Who sponsors S 2664?
- S 2664 is sponsored by Ossoff, Jon (Democratic).
- What is the current status of S 2664?
- This bill is in committee in the Senate. Introduced August 01, 2025. It must pass committee before a floor vote.
- Where can I track S 2664?
- Track S 2664 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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