New Bill: Senator Jim Banks introduces S. 4409: Streamlining Timely Apprenticeship Registration and Transparency Act - Quiver Quantitative

We have received text from S. 4409: Streamlining Timely Apprenticeship Registration and Transparency Act. This bill was received on 2026-04-28, and currently has 1 cosponsor. Here is a short summary of the bill: The bill titled the Streamlining Timely Apprenticeship Registration and Transparency Act , also known as the START Act, aims to enhance and clarify the registration process for apprenticeship programs in the United States. Here's what the bill proposes in detail: 1. Overview of the Act This act amends existing legislation, specifically the National Apprenticeship Act of 1937. It establishes procedures intended to simplify and expedite the process by which apprenticeship programs gain approval and registration. 2. Definitions and Program Standards The act introduces several definitions that clarify terms applicable to apprenticeship programs: Competency-based approach: A method measuring skill acquisition through the demonstration of skills and knowledge required by the program sponsor. Complete program standards: Standards that fulfill all submission requirements without clerical errors. Incomplete program standards: Standards that fail to meet one or more requirements or contain errors. Secretary: The Secretary of Labor responsible for overseeing apprenticeship registrations. State apprenticeship agency: A state-recognized entity that approves apprenticeship program standards. 3. Registration Process The bill stipulates a streamlined registration process for apprenticeship programs by requiring: Submission of clear program standards to the Secretary or a state agency, detailing participating entities and compliance with state standards. A response by the Secretary or state agency to complete submissions within 90 days, with necessary action to correct any deficiencies communicated within 30 days for incomplete submissions. Monthly publication of response times for submissions to ensure transparency. 4. Roles of State Apprenticeship Councils The legislation clarifies that state apprenticeship councils do not have final decision-making authority regarding program standards. The Secretary has the ultimate oversight of these submissions. 5. Apprenticeship Grant Program The act establishes a grant program to support states in expanding and improving registered apprenticeship programs. Key components include: Grants awarded annually based on state population and number of apprentices. States must submit a matching fund notification to qualify for grants. Funds can be used for technical assistance, apprenticeship training, outreach efforts, and financial incentives to encourage employer participation. An estimated $150 million is earmarked annually for this program. 6. Reciprocity and Disclosure Requirements The bill requires state apprenticeship agencies to make information about reciprocity in apprenticeship standards publicly available. This ensures that programs registered in one state can access the same registration processes in another state. 7. Posting Standards State apprenticeship agencies are also mandated to disclose information regarding state apprenticeship standards, including minimum wage, safety standards, and guidance for compliance. Relevant Companies None found Senator Jim Banks Bill Proposals Here are some bills which have recently been proposed by Senator Jim Banks: S.4456 : AI OVERWATCH Act S.4409 : START Act S.4360 : INSIGHT Act S.4348 : PARITY Act S.4341 : Faster Department of Veterans Affairs Construction Act of 2026 S.4156 : GAMES Act You can track bills proposed by Senator Jim Banks on Quiver Quantitative's politician page for Banks . Senator Jim Banks Net Worth Quiver Quantitative estimates that Senator Jim Banks is worth $3.4M , as of May 13th, 2026. This is the 206th highest net worth in Congress, per our live estimates. Banks has approximately $84.3K invested in publicly traded assets which Quiver is able to track live. You can track Senator Jim Banks's net worth on Quiver Quantitative's politician page for Banks . Senator Jim Banks Stock Trading We have data on up to $1.0M of trades from Senator Jim Banks, which we parsed from STOCK Act filings. Some of the largest trades include: A November 2nd, 2021 purchase of up to $50K of $RBLX . The stock has fallen 47.73% since then. A November 12th, 2021 purchase of up to $50K of $PTON . The stock has fallen 89.14% since then. A August 28th, 2020 purchase of up to $15K of $KR . The stock has risen 85.81% since then. A April 17th, 2020 sale of up to $15K of $SBUX . The stock has risen 39.58% since then. A August 8th, 2024 purchase of up to $15K of $YUM . The stock has risen 10.24% since then. You can track Senator Jim Banks's stock trading on Quiver Quantitative's politician page for Banks . 2030 Indiana US Senate Election There has been approximately $11,031,824 of spending in Indiana US Senate elections over the last two years, per our estimates. Approximately $863,245 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include: AMERICAN LEADERSHIP PAC ($604,570) HOOSIER HONOR ($223,620) PROTECT FREEDOM POLITICAL ACTION COMMITTEE ($29,282) CLUB FOR GROWTH PAC ($3,625) INDIANA REPUBLICAN STATE COMMITTEE, INC. ($2,147) You can track this election on our matchup page for the 2030 Indiana US Senate election . This article is not financial advice. See Quiver Quantitative's disclaimers for more information.