Rep. McCollister, John Y. [R-NE-2] (Introduced 03/13/1973)
Summary: H.R.5520 — 93rd Congress (1973-1974)
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Introduced in House (03/13/1973)
Provides a credit against the individual income tax for tuition paid for any private non-profit elementary or secondary education of any dependents to whom the taxpayer is allowed an exemption for the taxable year.
Provides the amount allowable as a tax credit under this Act shall not exceed $200 for any one dependent and that the aggregate amount allowable shall be reduced by an amount equal to $1 for each $120 of adjusted gross income of the taxpayer if his income exceeds $18,000 for the taxable year.
Summary: H.R.5520 — 93rd Congress (1973-1974)
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Introduced in House (03/13/1973)
Provides a credit against the individual income tax for tuition paid for any private non-profit elementary or secondary education of any dependents to whom the taxpayer is allowed an exemption for the taxable year.
Provides the amount allowable as a tax credit under this Act shall not exceed $200 for any one dependent and that the aggregate amount allowable shall be reduced by an amount equal to $1 for each $120 of adjusted gross income of the taxpayer if his income exceeds $18,000 for the taxable year.
Summary: H.R.5520 — 93rd Congress (1973-1974)
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Introduced in House (03/13/1973)
Provides a credit against the individual income tax for tuition paid for any private non-profit elementary or secondary education of any dependents to whom the taxpayer is allowed an exemption for the taxable year.
Provides the amount allowable as a tax credit under this Act shall not exceed $200 for any one dependent and that the aggregate amount allowable shall be reduced by an amount equal to $1 for each $120 of adjusted gross income of the taxpayer if his income exceeds $18,000 for the taxable year.
Summary: H.R.5520 — 93rd Congress (1973-1974)
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Introduced in House (03/13/1973)
Provides a credit against the individual income tax for tuition paid for any private non-profit elementary or secondary education of any dependents to whom the taxpayer is allowed an exemption for the taxable year.
Provides the amount allowable as a tax credit under this Act shall not exceed $200 for any one dependent and that the aggregate amount allowable shall be reduced by an amount equal to $1 for each $120 of adjusted gross income of the taxpayer if his income exceeds $18,000 for the taxable year.
