HR 2394
113th Congress
House
Taxation
Education programs funding
Elementary and secondary education
Income tax credits
Local Education Authority Returns Now Act
Introduced: June 17, 2013
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 8, 2013
Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.
Jun 17, 2013
Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jun 17, 2013
Introduced in House
Plain-English summary
Local Education Authority Returns Now Act - Requires the Secretary of the Treasury to make an annual determination of states that have chosen to opt-out of K-12 education grant programs.
Requires the Secretary of Education to determine credits due to states as opt-out state education amounts.
Amends the Internal Revenue Code to allow individual taxpayers in states that opt-out a refundable tax credit for a share of the opt-out amount creditable to such states.
What's happening now
Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.
Committees of jurisdiction
3