HR 5089 · 103th Congress · Taxation

Individual Training Account Act of 1994

Introduced 1994-09-23· Sponsored by Rep. Klink, Ron [D-PA-4]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1994-09-23)

Plain Language Summary

[AI summary unavailable — showing source text] Individual Training Account Act of 1994 - Amends the Internal Revenue Code to allow an individual a deduction for amounts paid yearly into an individual training account for the benefit of such individual. Describes such account as one to pay the expenses of job training and job-related relocation.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat
Rep. Frost, Martin [D-TX-24]TX