Browse Bills

There is one summary for this bill. Bill summaries are authored by CRS.

Allows a credit against income tax under the Internal Revenue Code to individuals for 50 percent of the tuition expenses incurred in providing private nonprofit elementary and secondary education for a dependent. Limits such tax credit to $500, and provides that such tax credit shall not exceed an individual's tax liability. Defines educational institutions that qualify for this tax credit. (Amends 26 U.S.C. 42)

There is one summary for this bill. Bill summaries are authored by CRS.

Allows a credit against income tax under the Internal Revenue Code to individuals for 50 percent of the tuition expenses incurred in providing private nonprofit elementary and secondary education for a dependent. Limits such tax credit to $500, and provides that such tax credit shall not exceed an individual's tax liability. Defines educational institutions that qualify for this tax credit. (Amends 26 U.S.C. 42)

There is one summary for this bill. Bill summaries are authored by CRS.

Allows a credit against income tax under the Internal Revenue Code to individuals for 50 percent of the tuition expenses incurred in providing private nonprofit elementary and secondary education for a dependent. Limits such tax credit to $500, and provides that such tax credit shall not exceed an individual's tax liability. Defines educational institutions that qualify for this tax credit. (Amends 26 U.S.C. 42)

There is one summary for this bill. Bill summaries are authored by CRS.

Allows a credit against income tax under the Internal Revenue Code to individuals for 50 percent of the tuition expenses incurred in providing private nonprofit elementary and secondary education for a dependent. Limits such tax credit to $500, and provides that such tax credit shall not exceed an individual's tax liability. Defines educational institutions that qualify for this tax credit. (Amends 26 U.S.C. 42)