America has a serious cybersecurity workforce shortage, and this bill attacks the problem from multiple angles. It would create a 50% tax credit (up to $5,000 per employee) for businesses that pay for workers to earn cybersecurity certificates or degrees. It offers up to $25,000 in student loan forgiveness for cybersecurity workers in economically distressed areas who make 36 consecutive monthly payments. It calls for doubling CyberCorps scholarships and increasing NSF funding for cybersecurity education at community colleges. And it gives a 5% scoring advantage on federal contracts over $5 million to companies that have invested in employee cybersecurity training.
Corporate Benefits
- Employer cybersecurity-training tax credit — 50% of qualified expenses, capped at $5,000 per employee
- Federal procurement scoring advantage — 5% bonus on competitive proposals over $5 million for businesses that have claimed the credit
Average Household Impact
- Cybersecurity-worker student-loan cancellation — Up to $25,000 forgiven after 36 consecutive monthly payments while working in an economically distressed area
- CyberCorps scholarship-for-service program — Sense-of-Congress to double FY2024 scholarship counts starting FY2026
- NSF Advanced Technology Education funding — Sense-of-Congress to raise IT/cybersecurity-division spending to 110% of FY2024 levels
Congressional Summary
This bill provides incentives for cybersecurity education.Specifically, the bill establishes an employee cybersecurity education tax credit for an employer who incurs costs for an employee who earns a certain cybersecurity certificate or degree. If a business claims such a credit, then federal agencies must award a score increase to each competitive proposal submitted by the business for a federal contract valued at more than $5 million.In addition, the Department of Education must cancel eligible student loans for borrowers who have (1) made 36 consecutive monthly payments, and (2) held a cybersecurity job in an economically distressed area during at least 12 months of payments.Finally, the bill makes cybersecurity course instructors eligible for awards under the CyberCorps Scholarship for Service program.
Details
- Congress
- 119th
- Chamber
- House
- Status
- summarized
- Action
- Introduced in House
- Action Date
- 2025-03-27
- Date Added
- 2026-04-09
- Source
- Congress.gov →
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