H.R.4392: TRAIN Act of 2004

About This Bill

Bill Summary

Technology Retraining And Investment Now Act of 2004 (TRAIN Act of 2004) - Amends the Internal Revenue Code to allow businesses and individuals a tax credit for 50 percent of their information and communications technology education and training expenses up to $8,000 for a taxable year. Increases the allowable amount of the credit to $10,000 for expenses for a program operated: (1) in an empowerment zone, enterprise community, or renewal...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
May 19, 2004

Introduced in the House by Gerald C. Weller (R-Ill.)

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