Tech bills of the week: AI training tax breaks; modernizing agriculture with emerging tech, and more
nextgov.com
Tax breaks for AI workplace education
Introduced on Friday, Feb. 13 by Reps. Josh Gottheimer, D-N.J., and Mike Lawler, R-N.Y., the AI Workforce Training Act would modify the Internal Revenue Code of 1986 to support tax credits for companies providing AI training to employees equal to 30% of the qualified expense with a limit of $2,500 per employee
Eligible expenses are listed as accredited courses, workshops, certificate programs and in-house instruction covering areas like data literacy, machine learning fundamentals, prompt engineering, AI ethics education and more.
“AI is already changing how we work and that transformation will keep getting faster, and we can’t let the American worker get left behind,” said Gottheimer in a press release. “This bipartisan bill will help workers build critical AI skills, boost productivity, and strengthen our economy — all while keeping the United States at the front of the pack.”
In addition ...
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