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HR 4400 109th Congress House Taxation Charitable contributions Charities Education Education of the disadvantaged Elementary and secondary education Elementary education Government Operations and Politics Income tax Property tax Scholarships Secondary education Social Welfare State laws State taxation Tax credits Tax exclusion Tax-exempt organizations Tuition tax credits

Children's Hope Act of 2005

Introduced: November 18, 2005 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 18, 2005
Referred to the House Committee on Ways and Means.
Nov 18, 2005
Introduced in House
 Plain-English summary Congressional Research Service

Children's Hope Act of 2005 - Amends the Internal Revenue Code to allow a tax credit, up to $100 ($200 for joint returns), for charitable contributions to an education investment organization that disburses 90% of its contributions to provide grants to students for elementary and secondary education expenses, if at least 50% of such disbursements go to students who qualify for free or reduced-cost school lunches. Requires a taxpayer claiming such credit to first claim a state qualified scholarship tax credit, as defined by this Act, as a condition of eligibility for the federal tax credit.

What's happening now November 18, 2005

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1