1. Short title This Act may be cited as the Businesses Preparing for a Better Tomorrow Act . 2. Workplace training tax credit (a) In general In the case of an employer, there shall be allowed as a credit against applicable employment taxes for each calendar quarter an amount equal to 50 percent of the sum of the qualified workplace training expenses paid or incurred by the employer during such calendar quarter. (b) Limitations and refundability (1) Limitation (A) In general The amount of the credit allowed under subsection (a) with respect to any employer for any calendar quarter shall not exceed the excess (if any) of— (i) the applicable dollar limit with respect to such employer for such calendar quarter; over (ii) the aggregate credits allowed under subsection (a) with respect to such employer for all preceding calendar quarters. (B) Applicable dollar limit The term applicable dollar limit means, with respect to any employer for any calendar quarter, the sum of— (i) $1,000, multiplied so much of the average number of employees employed by such employer during such calendar quarter as does not exceed 500; plus (ii) $750, multiplied by so much of such average number of employees as exceeds 500 but does not exceed 1,000