Takeaways

• The federal budget bill, aka the “One Big Beautiful Bill Act,” impacts a wide range of workplace matters, including immigration, benefits, and employment tax liabilities.
• The OBBBA includes new, non-waivable fees and stricter requirements that are expected to increase financial and administrative burdens for employers hiring non-citizen workers.
• It also increases dependent care FSAs and employer-provided childcare credits, adds incentives for student loan and adoption assistance, and allows for temporary federal tax deductions that could make overtime and tipped work more attractive, especially in hospitality.
• Employers must update payroll and reporting systems to meet new IRS rules on tips, overtime, and tax credits.

Article

President Donald Trump signed H.R. 1, “One Big Beautiful Bill Act” (OBBBA), on July 4. The OBBBA affects a wide range of workplace issues, including immigration, benefits, and employment tax liabilities. Below is only a brief summary of the OBBBA’s impact on these areas.

The OBBBA introduces the “Workforce Pell Grant” program, and the Department of Labor (DOL) will likely have an expanded role in overseeing and approving short-term, career-oriented training initiatives. The DOL will be involved in collaborating with state workforce boards and governors to ensure Pell Grants align with in-demand industry sectors and occupations.

Additionally, the DOL will be tasked with enhancing workforce data management, credentialing processes, and...

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