HR 4325 · 109th Congress 2005–2007, ended

Technology Retraining and Investment Now Act for the 21st Century

Fact sheet

Latest action · Nov 15, 2005 Referred to the House Committee on Ways and Means.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedNov 15, 2005
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Technology Retraining and Investment Now Act for the 21st Century - Amends the Internal Revenue Code to allow a tax credit for 50 percent of the information and communications technology education and training program expenses of individuals and employees, up to $4,000 in a taxable year. Increases the allowable amount of such credit to $5,000 for expenses for a program operated: (1) in an empowerment zone, enterprise community, or renewal community; (2) in a school district in which at least 50 percent of the students are eligible for free or reduced-cost lunches; (3) in an federally-declared disaster area; (4) in certain rural areas receiving federal assistance; (5) in an Indian tribal jurisdiction; (6) by an employer with 200 or fewer employees during a specified period; or (7) for a disabled individual.

Defines "information technology education and training program expenses" to include: (1) course work; (2) certification testing; (3) apprenticeship programs registered by the Department of Labor; and (4) other expenses essential to assessing skill acquisition.

Redefines "eligible educational institution" to include a commercial information and communications technology training provider.

Establishes an Information Technology Training Certification Advisory Board to develop: (1) guidelines for computer science, information technology, and related college courses; and (2) a list of the information technology training and certifications that qualify for the tax credit established by this Act.

Cosponsors 12

Members who signed on, in the order they did. Signatures ran from Nov 15, 2005 to Jun 7, 2006, with 3 there on the day it was introduced.

SeatCosponsorSigned on
R-NYJohn E. SweeneyOriginalNov 15, 2005
R-CAJohn T. DoolittleOriginalNov 15, 2005
D-CAMichael M. HondaOriginalNov 15, 2005
R-VATom DavisNov 16, 2005
R-VABob GoodlatteDec 7, 2005
D-VARick BoucherDec 15, 2005
R-VAJo Ann DavisMay 3, 2006
D-TNBart GordonMay 18, 2006
D-VAJames P. MoranMay 18, 2006
R-ILJudy BiggertMay 18, 2006
R-MIThaddeus G. McCotterMay 18, 2006
R-NYSue W. KellyJun 7, 2006

Actions 2

Everything that happened, newest first.

  1. Nov 15, 2005Introduced in House
  2. Nov 15, 2005Referred to the House Committee on Ways and Means.

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

Text 1

Each version as it was printed, newest first.

  1. Nov 15, 2005Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.