H.R.2447 - New Collar Jobs Act of 2025 (119th Congress)
Summary
H.R.2447, the "New Collar Jobs Act of 2025," aims to bolster cybersecurity education and job growth. The bill introduces tax credits for employers who invest in employee cybersecurity education and offers student loan repayment assistance for cybersecurity workers in economically distressed areas. It also seeks to increase funding for cybersecurity-related programs and incentivize cybersecurity training in government contracts.
Expected Effects
This bill is likely to increase the number of individuals trained in cybersecurity, addressing a critical need in both the public and private sectors. It could also stimulate economic activity in distressed areas by attracting cybersecurity professionals. Finally, it may improve the overall cybersecurity posture of the United States.
Potential Benefits
- Increased cybersecurity workforce to protect critical infrastructure.
- Tax incentives for businesses to invest in cybersecurity training.
- Student loan relief for cybersecurity professionals working in economically distressed areas.
- Enhanced cybersecurity in government contracts.
- Increased funding for cybersecurity education programs.
Potential Disadvantages
- Potential for increased government spending and budget deficits.
- Complexity in administering and verifying qualified expenses and employment.
- Possible unintended consequences or loopholes in the tax credit provisions.
- Limited scope, focusing primarily on cybersecurity and potentially neglecting other critical areas.
- Risk of funds not being efficiently allocated or reaching the intended beneficiaries.
Constitutional Alignment
The bill's focus on education and economic development aligns with the general welfare clause of the Constitution (Preamble). Congress's power to tax and spend for the general welfare is established through Article I, Section 8, Clause 1. The bill does not appear to infringe upon any specific constitutional rights or limitations.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).