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Short Take: Credit would boost tech donations to schools

Sens. Spencer Abraham (R-Michigan) and Ron Wyden (D-Oregon) introduced the New Millennium Classroom Act to increase technology donations to schools by expanding tax credits. Under the bill, companies would get a tax credit equal to 30 percent of the retail value of second-hand computers; they also would get a credit for up to half the retail worth for donating to schools within designated empowerment zones, enterprise zones, and Indian reservations. The Information Technology Industry Council has endorsed the legislation.

    Sens. Spencer Abraham (R-Michigan) and Ron Wyden (D-Oregon) introduced the New Millennium Classroom Act to increase technology donations to schools by expanding tax credits. Under the bill, companies would get a tax credit equal to 30 percent of the retail value of second-hand computers; they also would get a credit for up to half the retail worth for donating to schools within designated empowerment zones, enterprise zones, and Indian reservations. The Information Technology Industry Council has endorsed the legislation.