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S. 4463119th CongressIn committeeLatest action Apr 30, 2026Decoded by AI · checked against the record
The plain-language version leads. The official text is always the reference.
S 4463 gives employers a 50% wage credit up to $5,000 per apprentice per quarter for federally registered apprenticeship programs.
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S 4463 creates a refundable quarterly tax credit for employers running or participating in federally registered apprenticeship programs. The credit covers 50 cents per dollar spent on apprentice wages, up to $5,000 per apprentice per quarter, plus up to $50,000 per quarter in program costs such as classroom instruction, on-the-job training, and mentor pay. The credit applies only during an apprentice's first two years in a program and cannot be combined with funding already received through other federal programs like the Workforce Innovation and Opportunity Act.
Private-sector employers in construction, manufacturing, healthcare, technology, and the skilled trades are the primary targets, while government agencies are generally excluded, though government-run colleges, universities, and hospitals may qualify. Workers entering apprenticeship programs are indirectly affected, as the bill is designed to expand the number of available apprenticeship slots.
By reducing the wage and training costs employers face, the bill could increase the number of apprenticeship positions companies are willing to offer. The refundable structure means employers receive a payment from the government when the credit exceeds their payroll tax liability.
The federal government pays the credit directly to employers when it exceeds payroll taxes owed, covering 50% of apprentice wages up to $5,000 per apprentice per quarter and up to $50,000 per quarter in additional program costs. Employers cannot claim the credit for costs already covered by other federal programs.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: a Senate committee is reviewing it. If the House changes it, it goes back to the Senate before reaching the President.
Latest action: — Read twice and referred to the Committee on Finance.