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.
Congressional Summary
New Collar Jobs Act of 2025This 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