Liccardo rolls out SKILL Act to fund AI-ready training via tax credits

Rep. Sam Liccardo unveiled the SKILL Act, a policy to spur private investment in AI-ready training by authorizing $500 million annually in state-distributed tax credits for companies that fund curricula development, internships, apprenticeships, labs, and other learning initiatives at colleges and universities; eligible employers would get $2,500 for each student who completes a program and an extra $2,500 for each graduate they hire, with support from lawmakers like Rep. Jimmy Panetta and industry groups such as Nvidia, TechNet, the Digital Chamber, and the Chamber of Progress.