An Act to establish a lifelong learning and training program

This bill establishes a new Lifelong Learning and Training Account program in Massachusetts designed to help individuals with lower incomes pay for workforce training. The program creates a personal account where eligible individuals earning $75,000 or less annually can contribute up to $2,000 per year, with their employers also allowed to contribute. To encourage participation, the state will provide matching funds from a dedicated fund, capping the total annual government contribution at $2,000 per person. Funds in these accounts can be used to pay for accredited training that leads to industry-recognized certificates, licenses, or degrees, and the balance follows the individual even if they change jobs or become unemployed.