Teachers for Tomorrow's Careers Act of 2005 - Amends the Internal Revenue Code to: (1) extend through 2006 the tax deduction for qualified tuition and related expenses; and (2) allow an unlimited deduction for the expenses of certified science, technology, engineering, or math teachers and professionals.
[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4622 Introduced in House (IH)]
109th CONGRESS
1st Session
H. R. 4622
To amend the Internal Revenue Code of 1986 to extend the deduction for
qualified tuition and related expenses and to expand such deduction for
certain science, technology, engineering, and math professionals who
become certified teachers.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
December 17, 2005
Mr. Kennedy of Minnesota (for himself and Mr. Holt) introduced the
following bill; which was referred to the Committee on Ways and Means
_______________________________________________________________________
A BILL
To amend the Internal Revenue Code of 1986 to extend the deduction for
qualified tuition and related expenses and to expand such deduction for
certain science, technology, engineering, and math professionals who
become certified teachers.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Teachers for Tomorrow's Careers Act
of 2005''.
SEC. 2. QUALIFIED TUITION AND RELATED EXPENSES.
(a) Extension.--
(1) In general.--Subsection (e) of section 222 of the
Internal Revenue Code of 1986 (relating to termination) is
amended by striking ``December 31, 2005'' and inserting
``December 31, 2006''.
(2) Limitations.--Paragraph (2) of section 222(b) of such
Code (relating to applicable dollar limit) is amended by
striking subparagraphs (A) and (B), by redesignating
subparagraph (C) as subparagraph (B), and by inserting before
subparagraph (B) (as so redesignated) the following:
``(A) 2006.--In the case of a taxable year
beginning in 2006, the applicable dollar amount shall
be equal to--
``(i) in the case of a taxpayer whose
adjusted gross income for the taxable year does
not exceed $65,000 ($130,000 in the case of a
joint return), $4,000,
``(ii) in the case of a taxpayer not
described in clause (i) whose adjusted gross
income for the taxable year does not exceed
$80,000 ($160,000 in the case of a joint
return), $2,000, and
``(iii) in the case of any other taxpayer,
zero.''.
(b) Expansion for Qualified Science, Technology, Engineering, or
Math Teachers and Professionals.--Subsection (d) of section 222 of such
Code (relating to definitions and special rules) is amended by
inserting at the end the following new paragraph:
``(7) Qualified science, technology, engineering, or math
teachers and professionals.--
``(A) In general.--In the case of payments made
with respect to a qualified science, technology,
engineering, or math teacher or with respect to a
qualified science, technology, engineering, or math
professional--
``(i) Dollar limitation not applicable.--
Subsection (b) shall not apply.
``(ii) Certification expenses.--Paragraph
(1) shall apply by inserting at the end the
following new sentences: `With respect to a
qualified science, technology, engineering, or
math teacher, such expenses shall include all
fees related to the initial certification of an
individual as a teacher of science, technology,
engineering, or math in the individual's State
licensing system. The deduction under
subsection (a) with respect to certification
expenses referred to in the preceding sentence
shall be allowed, in the case of any such
expense paid or incurred before or during the
taxable year in which such individual meets the
requirements of paragraph (7)(B)(i), for the
taxable year in which such individual meets
such requirements.'
``(B) Definitions.--For purposes of this
paragraph--
``(i) Qualified science, technology,
engineering, or math teacher.--With respect to
a taxable year, the term `qualified science,
technology, engineering, or math teacher' means
an individual who--
``(I) has a bachelor's degree or
other advanced degree in a field
related to science, technology,
engineering, or math,
``(II) was employed as a non-
teaching professional in a field
related to science, technology,
engineering, or math for not less than
3 taxable years during the 10-taxable-
year period ending with the taxable
year,
``(III) is certified as a teacher
of science, technology, engineering, or
math in the individual's State
licensing system for the first time
during such taxable year, and
``(IV) is employed at least part-
time as a teacher of science,
technology, engineering, or math in an
elementary or secondary school during
such taxable year.
``(ii) Qualified science, technology,
engineering, or math professional.--With
respect to a taxable year, the term `qualified
science, technology, engineering, or math
professional' means an individual who--
``(I) has a bachelor's degree or
other advanced degree in a field
related to science, technology,
engineering, or math,
``(II) was employed as a non-
teaching professional in a field
related to science, technology,
engineering, or math for not less than
3 taxable years during the 10-taxable-
year period ending with the taxable
year, and
``(III) has paid or incurred fees
during the taxable year with respect to
the enrollment or attendance of such
individual in courses of instruction
required for the initial certification
of such individual as a teacher of
science, technology, engineering, or
math in the individual's State
licensing system.''.
(c) Effective Date.--The amendments made by this section shall
apply to payments made in taxable years ending after the date of the
enactment of this Act.
<all>
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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