H.R. 4532 · 109th Congress

Technology Education Incentive Act of 2005

Stage
In committee
Sponsor
Bud Cramer
Introduced
2005-12-14
Latest action
2005-12-14 · Introduced in House

Summary

Technology Education Incentive Act of 2005 - Amends the Internal Revenue Code to allow employers a business tax credit for 20% of the wages paid to employees who volunteer services at certain K-12 schools related to science, mathematics, or engineering education. Imposes a maximum credit amount of $1,000 per employee.

Directs the Secretaries of Education and the Treasury to conduct a joint study on the effects of such tax credit.