
The bill creates a new dollar-for-dollar, non-refundable tax credit for contributions from individuals and businesses to state-identified nonprofits called Scholarship Granting Organizations (SGOs) and Workforce Training Organizations (WTOs). SGOs and WTOs distribute these donations as scholarships, expanding students’ access to a variety of educational opportunities, which may include advanced, remedial and elective courses; private and home education; apprenticeships, industry certifications, concurrent and dual enrollment; tutoring; community colleges; summer and afterschool education programs, transportation, and more. Many of these programs would directly train individuals for technical positions in the oilfield services and equipment sector, where PESA Members are experiencing shortages in qualified individuals.

PESA looks forward to continuing to work with Sen. Cruz to help solve work-shortage issues in the industry. For additional information on this event, please contact Tim Tarpley, Vice President Government Affairs.