H.R. 238 · 109th Congress
Educational Empowerment Act
- Stage
- In committee
- Sponsor
- Ed Towns
- Introduced
- 2005-01-04
- Latest action
- 2005-02-09 · Referred to the Subcommittee on 21st Century Competitiveness.
Summary
Educational Empowerment Act - Amends the Internal Revenue Code to allow for the creation of up to 30 tax-qualified educational empowerment zones in certain low-income areas. Allows a tax credit for contributions to such educational empowerment zones for hiring new teachers, increasing teacher salaries, and training teachers. Establishes a teacher loan forgiveness program for certain certified elementary, middle, or secondary school teachers (e.g., writing, mathematics, and science teachers) in educational empowerment zones.