Tax credit for workforce artificial intelligence training

(a) Establishment of credit (1) 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. Credit for workforce artificial intelligence training (a) In general For purposes of section 38, the workforce artificial intelligence training credit determined under this section for any taxable year is an amount equal to 30 percent of the qualified artificial intelligence training expenses of the taxpayer for such taxable year. (b) Dollar limitation (1) In general The amount of the credit determined under subsection (a) for any taxpayer for any taxable year shall not exceed $2,500 for each employee of such taxpayer with respect to whom qualified artificial intelligence training expenses are paid or incurred by such taxpayer during such taxable year. (2) Inflation adjustment In the case of any taxable year beginning after 2026, the dollar amount specified in paragraph (1) shall be increased by an amount equal to— (A) such dollar amount, multiplied by (B) the cost-of-living adjustment determined under section 1(f)(3) for the calendar year in which such taxable year begins, determined by substituting calendar year 2025 for calendar year 2016 in subparagraph (A)(ii) thereof. (c) Qualified artificial intelligence training expenses (1) In general For purposes of this section, the term qualified artificial intelligence training expenses means, with respect to any taxpayer, amounts paid or incurred for— (A) any expenses required for the enrollment or attendance of any employee of such taxpayer at an accredited artificial intelligence training program, including workshops, certificate programs, and courses on prompt engineering, data literacy, machine learning fundamentals, or artificial intelligence ethics, (B) the wages of any such employee while such employee attends a program, workshop, or course described in paragraph (1), and (C) any expenses related to developing or providing in-house artificial intelligence training for any such employee. (2) Wages For purposes of paragraph (1), the term wages has the meaning given to such term in section 3306(b) (determined without regard to any dollar limitation contained in such section). (d) Denial of double benefit In the case of any qualified artificial intelligence training expenses with respect to which credit is allowed under subsection (a)— (1) no other credit or deduction shall be allowed for, or by reason of, any such expense to the extent of the amount of such credit, and (2) the basis of any property shall be reduced by the amount of such credit to the extent that such expenses were taken into account in determining such basis. (e) Regulations The Secretary shall issue such regulations or other guidance as may be necessary or appropriate to carry out the purposes of this section, including regulations to prevent the abuse of the purposes of this section.. (2) 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: 45BB. Credit for workforce artificial intelligence training.. (b) Credit made part of general business credit Section 38(b) of such Code is amended by striking plus at the end of paragraph (40), by striking the period at the end of paragraph (41) and inserting, plus, and by adding at the end the following new paragraph: (42) the workforce artificial intelligence training credit determined under section 45BB.. (c) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2025.