Technology Education Incentive Act of 2005
Last action on Dec 14, 2005Referred to the House Committee on Ways and Means.
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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.
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