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New Collar Jobs Act: Boosting Cybersecurity Workforce and Education

This act aims to expand the cybersecurity workforce in the U.S. It introduces tax credits for companies training employees, offers student loan repayment assistance for cybersecurity professionals in distressed areas, and increases funding for educational programs. This provides citizens with new job opportunities and financial support in this growing industry.
Key points
Businesses can receive a tax credit of up to 50% of costs (maximum $5,000 per employee) for cybersecurity education, potentially leading to more training and skilled workers.
Individuals working in cybersecurity in economically distressed areas may have up to $25,000 of their federal student loan debt canceled after 36 months of payments and employment in those areas.
Increased funding for CyberCorps scholarship programs and advanced technology education, meaning more learning and development opportunities for students interested in cybersecurity.
Companies investing in cybersecurity training can gain an advantage in competitive government contracts over $5 million, encouraging skill development in this field.
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Expired
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Additional Information
Print number: 117_HR_4389
Sponsor: Rep. Lieu, Ted [D-CA-33]
Process start date: 2021-07-09
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

New Collar Jobs Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_4389.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-07-09.

What are the main provisions?

Key points include:

  • Businesses can receive a tax credit of up to 50% of costs (maximum $5,000 per employee) for cybersecurity education, potentially leading to more training and skilled workers.
  • Individuals working in cybersecurity in economically distressed areas may have up to $25,000 of their federal student loan debt canceled after 36 months of payments and employment in those areas.
  • Increased funding for CyberCorps scholarship programs and advanced technology education, meaning more learning and development opportunities for students interested in cybersecurity.
  • Companies investing in cybersecurity training can gain an advantage in competitive government contracts over $5 million, encouraging skill development in this field.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Lieu, Ted [D-CA-33].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Research and Technology.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Labor Education Taxes Security