H.R. 6818, known as the "Bettering Employee Skills and Talents Act" or "BEST Act," proposes changes to the Internal Revenue Code of 1986 to offer a tax credit to employers for certain employee training expenses. The bill allows employers to claim a credit equal to 30% of the costs incurred...
Simple Explanation
This bill wants to give some businesses money back if they spend on teaching and training workers who don't have a college degree, but it won't help government or non-profit jobs. If a worker doesn't finish or pass the training, the business might not get that money back.