HR 422
113th Congress
House
Taxation
Charitable contributions
Education of the disadvantaged
Elementary and secondary education
Income tax credits
Income tax exclusion
State and local taxation
Student aid and college costs
Children's Hope Act of 2013
Introduced: January 25, 2013
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 25, 2013
Referred to the House Committee on Ways and Means.
Jan 25, 2013
Introduced in House
Plain-English summary
Children's Hope Act of 2013 - Amends the Internal Revenue Code to allow a tax credit of 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, as a condition of eligibility to receive it, to first claim a state qualified scholarship tax credit.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1