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HR 6702 118th Congress House Taxation

To amend the Internal Revenue Code of 1986 to allow a nonrefundable credit for elementary and secondary school supply expenses.

Introduced: December 11, 2023 Introduced by: Lawler, Michael Republican · New York See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 11, 2023
Referred to the House Committee on Ways and Means.
Dec 11, 2023
Introduced in House
 Plain-English summary Congressional Research Service

This bill allows a nonrefundable income tax credit for eligible elementary and secondary school supply expenses. The allowable amount of such credit may not exceed $200, reduced by certain modified adjusted gross income levels. 

The bill defines eligible elementary and secondary school supply expenses as expenses for books, supplies, and other equpment in connection with the enrollment or attendance of a taxpayer dependent at a public, private, or religious school.   

What's happening now December 11, 2023

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1