Employee cybersecurity education

(a) In general Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following new section: 45BB. Employee cybersecurity education (a) In general For purposes of section 38, the employee cybersecurity education credit determined under this section for the taxable year is an amount equal to 50 percent of the aggregate qualified employee cybersecurity education expenses paid or incurred by the employer during such taxable year. (b) Limitation The amount allowed as a credit under subsection (a) for the taxable year with respect to an employee shall not exceed $5,000. (c) Qualified employee cybersecurity education expenses For purposes of this section, the term qualified employee cybersecurity education expenses means amounts paid or incurred for each employee who earns a certificate or degree at the undergraduate or graduate level or industry-recognized certification relating to those specialty areas and work roles that are listed in NCWF Work Roles in the document entitled, NICE Cybersecurity Workforce Framework (NCWF), published by the National Initiative for Cybersecurity Education (NICE) of the National Institute of Standards and Technology. (d) Certain rules To apply Rules similar to the rules of subsections (i)(1) and (k) of section 51 shall apply for purposes of this section.. (b) Credit made part of general business credit Subsection (b) of section 38 of such Code is amended— (1) by striking plus at the end of paragraph (40), (2) by striking the period at the end of paragraph (41) and inserting a comma, and (3) by inserting after paragraph (41) the following new paragraph: (42) the employee cybersecurity education credit determined under section 45BB(a), plus. (c) Denial of double benefit Subsection (a) of section 280C of such Code is amended by inserting 45BB(a), after 45S(a),. (d) Clerical amendment The table of sections for subpart D of part IV of subchapter A of chapter 1 of such Code is amended by adding at the end the following new item: Sec. 45BB. Employee cybersecurity education.. (e) Effective date The amendments made by this section shall apply to individuals commencing apprenticeship programs after the date of the enactment of this Act.