No CRS summary available for this bill.
This section establishes a new general business tax credit (under new IRC §45BB) equal to 30% of a taxpayer's qualified artificial intelligence (AI) training expenses, capped at $2,500 per employee ($2,500 inflation-adjusted after 2026 using a 2025 base year), for taxable years beginning after December 31, 2025. Qualified expenses include (1) costs for employee enrollment or attendance at accredited AI training programs (e.g., workshops, certificate programs, or courses on prompt engineering, data literacy, machine learning fundamentals, or AI ethics); (2) wages (as defined in IRC §3306(b), without dollar limitation) paid to such employees during attendance; and (3) costs to develop or provide in-house AI training; no double tax benefit is allowed with respect to these expenses.
This section directs the Secretaries of the Treasury, Labor, and Commerce to jointly (1) develop and carry out, not later than 180 days after enactment of this Act, a public outreach campaign to promote the workforce artificial intelligence training credit under new IRC §45BB—including publication of information on the credit, informational webinars for businesses, and distribution of multilingual informational materials through small business development centers, trade associations, and workforce boards; and (2) submit to Congress, not later than 360 days after enactment and annually thereafter, a report on the campaign and its measurable outcomes.