 
  There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Provides an income tax credit under the Internal Revenue Code for amounts paid as expenses of higher education. Limits such credit to 75 percent of expenses not exceeding $200, and 25 percent of expenses $200, but not $500, and 10 percent of expenses exceeding $500 but not $1,500. Provides for proration of credit where more than one taxpayer pays expenses and for an adjustment for certain scholarships and veterans' benefits. (Amends 26 U.S.C. 39)
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Provides an income tax credit under the Internal Revenue Code for amounts paid as expenses of higher education. Limits such credit to 75 percent of expenses not exceeding $200, and 25 percent of expenses $200, but not $500, and 10 percent of expenses exceeding $500 but not $1,500. Provides for proration of credit where more than one taxpayer pays expenses and for an adjustment for certain scholarships and veterans' benefits. (Amends 26 U.S.C. 39)
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Provides an income tax credit under the Internal Revenue Code for amounts paid as expenses of higher education. Limits such credit to 75 percent of expenses not exceeding $200, and 25 percent of expenses $200, but not $500, and 10 percent of expenses exceeding $500 but not $1,500. Provides for proration of credit where more than one taxpayer pays expenses and for an adjustment for certain scholarships and veterans' benefits. (Amends 26 U.S.C. 39)
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Provides an income tax credit under the Internal Revenue Code for amounts paid as expenses of higher education. Limits such credit to 75 percent of expenses not exceeding $200, and 25 percent of expenses $200, but not $500, and 10 percent of expenses exceeding $500 but not $1,500. Provides for proration of credit where more than one taxpayer pays expenses and for an adjustment for certain scholarships and veterans' benefits. (Amends 26 U.S.C. 39)