Summary: H.R.5230 — 109th Congress (2005-2006)All Information (Except Text)

There is one summary for H.R.5230. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (04/27/2006)

Tax and Education Assistance for Children (TEACH) Act of 2006 - Amends the Internal Revenue Code of 1986 to establish a tax credit for the tuition paid by taxpayers to send their dependents to private or religious elementary or secondary schools. Sets the annual credit limit at $4,500 for single individuals and taxpayers filing a joint return, and $2,250 for a married individual filing a separate return.