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New Paid Workforce Training Program as College Alternative

This Act establishes a federal program offering paid, full-time job training as an alternative path to employment for high school graduates who do not have a bachelor's degree. Trainees receive wages and structured training leading to jobs expected to pay at least 80% of the local median household income. The bill also imposes a new 1% excise tax on large private university endowments.
Key points
Paid Training Opportunity: Creates a structured, paid, full-time training program for citizens with a high school diploma, bypassing the need for a college degree.
High Wage Goal: Training must prepare participants for positions paying at least 80% of the median household income in their local area.
Employer Incentives: Employers receive up to $9,000 in subsidies for training costs and a $1,000 bonus for hiring the trainee full-time upon completion.
New Tax: The bill imposes a new 1% excise tax on private university endowments valued at $2.5 billion or more.
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Additional Information
Print number: 118_HR_8316
Sponsor: Rep. Miller, Max L. [R-OH-7]
Process start date: 2024-05-08
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

American Workforce Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_8316.

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 2024-05-08.

What are the main provisions?

Key points include:

  • Paid Training Opportunity: Creates a structured, paid, full-time training program for citizens with a high school diploma, bypassing the need for a college degree.
  • High Wage Goal: Training must prepare participants for positions paying at least 80% of the median household income in their local area.
  • Employer Incentives: Employers receive up to $9,000 in subsidies for training costs and a $1,000 bonus for hiring the trainee full-time upon completion.
  • New Tax: The bill imposes a new 1% excise tax on private university endowments valued at $2.5 billion or more.
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. Miller, Max L. [R-OH-7].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Work and Welfare.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-30.

CATEGORIES

Labor Education Taxes