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![handle is hein.congrecreports/crptxahdv0001 and id is 1 raw text is: AUT-ENTICATED
US. GOVERNMENT
INFORMATION
GP
118TH CONGRESS REPORT
2d Session HOUSE OF REPRESENTATIVES 118-944
USA WORKFORCE INVESTMENT ACT
DECEMBER 24, 2024.-Committed to the Committee of the Whole House on the State
of the Union and ordered to be printed
Mr. SMITH of Missouri, from the Committee on Ways and Means,
submitted the following
REPORT
together with
DISSENTING VIEWS
[To accompany H.R. 9461]
The Committee on Ways and Means, to whom was referred the
bill (H.R. 9461) to amend the Internal Revenue Code of 1986 to
allow a credit against tax for charitable donations to nonprofit or-
ganizations providing workforce training, having considered the
same, reports favorably thereon with an amendment and rec-
ommends that the bill as amended do pass.
CONTENTS
Page
I. SUMMARY AND BACKGROUND ............................................................... 3
A. Purpose and Sum m ary ..................................................................... 3
B. Background and Need for Legislation .................... 4
C. Legislative H istory ........................................................................... . 4
D . Designated H earing .......................................................................... 5
II. EXPLANATION OF THE BILL ................................................................... 5
A. Tax Credit for Contributions of Individuals to Workforce Devel-
opment or Apprenticeship Training Programs (sec. 2 of the
bill and new section 25F of the Code) .................... 5
III. VOTE OF THE COM M ITTEE ..................................................................... 8
IV. BUDGET EFFECTS OF THE BILL ............................................................ 8
A. Committee Estimate of Budgetary Effects .................. 8
B. Statement Regarding New Budget Authority and Tax Expendi-
tures Budget Authority .................................................................. 9
C. Cost Estimate Prepared by the Congressional Budget Office ....... 9
V. OTHER MATTERS TO BE DISCUSSED UNDER THE RULES OF
TH E H O U SE ............................................................................................. . 9
A. Committee Oversight Findings and Recommendations ................. 9
B. Statement of General Performance Goals and Objectives ............. 9
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