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Students Need More Virtual Apprenticeship Opportunities

Floor Speech

By: Ted Budd
By: Ted Budd
Date: Sept. 24, 2019
Location: Washington, DC
Issues: Taxes

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Mr. BUDD. Mr. Speaker, I rise today to highlight my bill, the Virtual Apprenticeship Tax Credit Act of 2019, which I introduced last week.

Despite booming economic growth as a result of the American Tax Cuts and Jobs Act, nearly 7 million jobs in America remain unfilled.

Mr. Speaker, I can't tell you how many employers from my district have struggled to find workers with the technical competencies to compete for in-demand, good-paying jobs.

So when it comes to workforce development, we need innovative ideas and partnerships between businesses and institutions of higher education. That is why I introduced the Virtual Apprenticeship Tax Credit Act of 2019, which offers a tax credit to employers who invest in the funding of virtual apprenticeship programs. It is my hope this will open more doors for students from all backgrounds.

When it comes to learning and workforce development, there shouldn't be a one-size-fits-all approach. Put simply, there needs to be more virtual apprenticeship opportunities for our students.

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