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- H.R.2801
H.R.2801: Up-Skilling Tax Credit Act of 2005
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about taxation
- Introduced June 8, 2005
- Latest Major Action June 8, 2005
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
11 (11 Democrats, 1 Republican)
Bill Summary
Up-Skilling Tax Credit Act of 2005 - Amends the Internal Revenue Code to allow a general business tax credit for up to 20 percent of the cost of technical training for employees performing services in a trade or business of the taxpayer. Limits the amount of the credit to $1,000 for each employee, reduced by credit amounts for all prior taxable years. Terminates the credit after 2009.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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June 8, 2005 |
Introduced in the House by James Davis (D-Fla.) |