ICBM Act

House Bill

H.R. 4685

119th Congress

ICBM Act

In Committee

Introduced:Jul 23, 2025

Primary Sponsor

Sean Casten

Representative

Democratic

IL-6

Cosponsors

0

Quick Stats

Policy Area

Taxation

Summary

This bill allows companies to get tax credits if they partner with schools or offer job training programs to help workers get the skills they need for good jobs.

Latest Action

Referred to the House Committee on Ways and Means.

SponsorSean Casten (D-IL)

Introduced7/23/2025

StatusReferred to the Committee on Armed Services, and in addition to the Committee on Appropriations, for

ChamberHouse

Data from Congress.gov

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Vote Prediction

ICBM Act

This bill allows companies to get tax credits if they partner with schools or offer job training programs to help workers get the skills they need for good jobs.

Community Breakdown

Pass

0%

Fail

0%

0 predictions

This bill allows companies to get tax credits if they partner with schools or offer job training programs to help workers get the skills they need for good jobs.

Bill Number: 4685
Sponsor: Sean Casten (D-IL)
Introduced: 7/23/2025
Status: Referred to the Committee on Armed Services, and in addition to the Committee on Appropriations, for
Policy Area: Taxation

Data from Congress.gov

AI-generated summary

Fact Sheet

Title: ICBM Act
Bill Number: 4685
Sponsor: Sean Casten (D-IL)
Status: Referred to the Committee on Armed Services, and in addition to the Committee on Appropriations, for
Introduced: 7/23/2025
Summary: This bill allows companies to get tax credits if they partner with schools or offer job training programs to help workers get the skills they need for good jobs.

Data from Congress.gov

AI Summary

Plain-English explanation of this bill

This bill allows companies to get tax credits if they partner with schools or offer job training programs to help workers get the skills they need for good jobs.

Last updated: 12/30/2025

Official Summary

Congressional Research Service summary

Workforce Development Investment Act of 2023This bill allows employers new tax credits for (1) partnering with qualified educational institutions (i.e., any community college, any other institution of higher education, and any area career and technical education school) to improve workforce development and job training for students; and (2) certain job training program expenses.

Key Points

Main provisions of the bill

Companies can get tax credits for working with colleges, community colleges, and technical schools to improve job training and workforce development for students.
Companies can also get tax credits for certain expenses related to running their own job training programs.
The goal is to help workers gain the skills needed for in-demand jobs and support companies in training their workforce.

How This Impacts Americans

Potential effects on citizens and communities

If this bill becomes law, it would benefit both companies and workers. Companies could get financial incentives to invest more in training and education programs, which would help workers develop the skills needed for good jobs. This could lead to more job opportunities and career advancement, especially for students and workers in local communities.