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S 4463·Federal·senate

WAGES Act of 2026

In CommitteeFiled Apr 30, 2026
Sponsor: Sen. Young, Todd [R-IN] (R)
Latest Action

Read twice and referred to the Committee on Finance.

Apr 30, 2026

Summary

The WAGES Act adds a new credit to the Internal Revenue Code that lets eligible employers deduct half of the wages they pay qualified apprentices and certain apprenticeship‑related expenses from their payroll taxes each quarter. It is aimed at businesses that run or contract with registered apprenticeship programs and helps lower the cost of training new workers. By reducing tax liability, the bill seeks to expand apprenticeship opportunities in high‑need industries.

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