Federal RuleAug 21
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DOL Rewrites Disability Rules for 'Merit-Based Opportunity' Push
RuleLabor DepartmentFederal Contract Compliance Programs OfficeSignificant Wallet
119-s-4463119th CongressWALLET
WAGES Act of 2026
Sponsored By: Senator Young, Todd [R-IN]
Introduced
Summary
Employer investment in apprenticeship programs. This bill would reduce net payroll tax costs and expand tax-favored treatment for apprenticeship awards to encourage employers to create and expand apprenticeship opportunities.
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- Employers: Would face lower net payroll tax costs for apprenticeship-related spending, making hiring and training apprentices cheaper.
- Apprentices and apprenticeship programs: Awards transferred after enactment would qualify for the Apprenticeship Credit (Sec. 3135) and receive expanded favorable tax treatment under Section 274(j), subject to defined caps and program standards.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Start dates for apprenticeship tax benefits
This bill would set when changes to apprenticeship tax rules take effect. The new rules for apprenticeship credits would apply to wages paid and to expenses paid or incurred for calendar quarters beginning after the date of enactment. Rules about apprenticeship awards would apply to awards transferred after the date of enactment. This is a timing rule and would not change how much the credit pays.
Sponsors & CoSponsors
Sponsor
Young, Todd [R-IN]
IN • R
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov