American Manufacturing Workforce Act of 2015

To amend the Internal Revenue Code of 1986 to provide tax incentives to meet the needs of the American manufacturing workforce, and for other purposes. 1. Short title This Act may be cited as the American Manufacturing Workforce Act of 2015 2. Refundable Tax Credit for Unemployed Workers Obtaining Manufacturing Job Training (a) In general Subpart C of part IV of subchapter A of chapter 1 36C. Unemployed Workers Obtaining Manufacturing Job Training (a) In general In the case of an eligible individual, there shall be allowed as a credit against the tax imposed by this subtitle for the taxable year with respect to each eligible individual an amount equal to the eligible individual’s qualified training costs paid or incurred by the taxpayer during the taxable year. (b) Limitation The credit allowed under subsection (a) with respect to each eligible individual shall not exceed $1,000. (c) Definitions For purposes of this section— (1) Qualified training costs The term qualified training costs (2) Qualified manufacturing training The term qualified manufacturing job training (3) Eligible individual For purposes of this section, the term eligible individual (A) is the taxpayer or the taxpayer’s spouse or dependent, (B) is certified by the State employment security agency established in accordance with the Act of June 6, 1933, as amended ( 29 U.S.C. 49–49n (C) has resided for the 6-month period preceding the date on which qualified manufacturing job training begins in one of the 15 States determined by the Secretary of Labor to be a State in which there are the greatest number of job opportunities in the manufacturing industry. (d) Denial of double benefit No credit shall be allowed under this section for any expense for which a deduction or credit is allowed under any other provision of this chapter. (e) Termination Subsection (a) shall not apply to amounts paid or incurred in taxable years beginning after December 31, 2021. . (b) Conforming amendments (1) Paragraph (2) of section 1324(b) of title 31, United States Code, is amended by inserting 36C, 36B, (2) The table of sections for subpart C of part IV of subchapter A of chapter 1 Sec. 36C. Unemployed Workers Obtaining Manufacturing Job Training. . (c) Notice of credit The Commissioner of Internal Revenue shall provide notice on the website of the Internal Revenue Service of the availability of the credit established by subsection (a), and it is the sense of the Congress that other governmental job training and unemployment compensation entities shall also provide notice of such credit on their websites. (d) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2015. 3. Employer credit for employer-provided adult education and manufacturing job training programs (a) In general Subpart D of part IV of subchapter A of chapter 1 45S. Credit for employer-provided adult education and manufacturing job training programs (a) In general For the purposes of section 38, the education and training credit determined under this section for the taxable year is an amount equal to 20 percent of the aggregate qualified education and training expenses paid or incurred for each employee during the taxable year. (b) Limitation The credit allowed under subsection (a) with respect to any employee for a taxable year shall not exceed $1,000. (c) Qualified education and training expenses For purposes of this section, the term qualified education and training expenses 29 U.S.C. 2801 et seq. (d) Special rules (1) Denial of double benefit No deduction or credit shall be allowed under this chapter for the portion of the expenses that are taken into account in determining the credit under this section for the taxable year. (2) Aggregation For purposes of this section, all persons treated as a single employer under subsection (a) or (b) of section 52, or subsection (m) or (o) of section 414, shall be treated as one person. (e) Election To have credit not apply A taxpayer may elect (at such time and in such manner as the Secretary may by regulations prescribe) to have this section not apply for any taxable year. (f) Termination This section shall not apply to expenses paid after December 31, 2021. . (b) Credit To be part of general business credit Subsection (b) of section 38 plus , plus (37) the education and training credit determined under section 45S(a). . (c) Technical amendment Section 6501(m) 45S(e), 45H(g), (d) Clerical amendment The table of sections for subpart D of part IV of subchapter A of chapter 1 Sec. 45S. Credit for employer-provided adult education and manufacturing job training programs. . (e) Effective dates The amendments made by this section shall apply to expenses paid or incurred in taxable years beginning after December 31, 2015. 4. Presidential award for business leadership in preparing workers for the manufacturing economy (a) Establishment There is established the Presidential Award for Business Leadership in Manufacturing Job Training (referred to in this section as the Presidential Manufacturing Job Training Award (b) Selection and presentation of award (1) Selection The President shall periodically award the Presidential Manufacturing Job Training Award to companies and other organizations described in subsection (a) after reviewing recommendations to the President with respect to such award by the Secretary of Labor in consultation with the Secretary of Commerce. (2) Presentation The presentation of the Presidential Manufacturing Job Training Award shall be made by the President, or a designee of the President, in conjunction with an appropriate ceremony. 5. Best practices for manufacturing job training The Secretary of Labor shall, from time to time, collect and disseminate best practices for manufacturing job training.

Summary: American Manufacturing Workforce Act of 2015 This bill amends the Internal Revenue Code to allow, through 2021, tax credits for: (1) up to $1,000 of the expenses for tuition, fees, and course materials paid or incurred for the training of a worker to develop or improve skills for a manufacturing position; and (2) up to 20% of the first $1,000 of education or training expenses for manufacturing under the Workforce Investment Act of 1998 or a curriculum approved by the Employment and Training Administration of the Department of Labor for individuals employed in manufacturing positions. The bill also: (1) establishes the Presidential Award for Business Leadership in Manufacturing Job Training to recognize companies and other organizations for extraordinary efforts in assisting their employees and members to develop or improve manufacturing skills and training and increase productivity; and (2) directs Labor to periodically collect and disseminate best practices for manufacturing job training.