HR 3590 · 108th Congress · Taxation
Technology Education Incentive Act of 2003
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2003-11-21)
Plain Language Summary
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Technology Education Incentive Act of 2003 - Amends the Internal Revenue Code to establish a volunteer education services credit for qualified employee services. Defines such services as any service furnished by an employee of the taxpayer if: (1) the services are performed at a qualified K-12 school; (2) the services are related to science, mathematics, or engineering education at grades K-12 at a qualified K-12 school; (3) the employee receives no additional compensation for performing such services and the employer receives no compensation for such services; and (4) the services are determined by the qualified K-12 school to be valuable to the school in providing education in grades K-12 in the areas of science, mathematics, or engineering. Requires a study concerning such credit.…
Summarized by Claude AI · Non-partisan · For informational purposes only