HR 404
109th Congress
House
Taxation
Charitable contributions
Cost of living adjustments
Economics and Public Finance
Education
Elementary and secondary education
Elementary education
Income tax
Indexing (Economic policy)
Scholarships
Secondary education
Tax credits
Tax deductions
Tax returns
Teaching materials
Education Improvement Tax Cut Act
Introduced: January 26, 2005
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 26, 2005
Referred to the House Committee on Ways and Means.
Jan 26, 2005
Sponsor introductory remarks on measure. (CR E95-96)
Jan 26, 2005
Introduced in House
Plain-English summary
Education Improvement Tax Cut Act - Amends the Internal Revenue Code to allow: (1) a tax credit up to $3,000 per year for contributions to a school tuition organization which distributes at least 90 percent of its annual gross income for elementary and secondary school scholarships; and (2) a tax credit up to $3,000 per year for contributions to a school materials organization which distributes at least 90 percent of its annual gross income to elementary and secondary schools for instructional materials and equipment and for materials and equipment for extracurricular activities.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1