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S. 1045

BillFederalSenateIn Committee
POWER Act of 2009
About This Bill
Committee
Latest Action · May 14, 2009
Read twice and referred to the Committee on Finance.
Congress
111th (2009–2011)
Introduced
May 14, 2009
Cosponsors (0)
None
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Summary

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Providing Our Workforce with Education and Re-training Act of 2009 or POWER Act of 2009 - Amends the Internal Revenue Code to allow a general business tax credit for up to 25% 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.

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