H.R.4269 - Public Funds for Public Schools Act115th Congress (2017-2018)
|Sponsor:||Rep. Sewell, Terri A. [D-AL-7] (Introduced 11/07/2017)|
|Committees:||House - Ways and Means|
|Latest Action:||House - 11/07/2017 Referred to the House Committee on Ways and Means. (All Actions)|
This bill has the status Introduced
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Summary: H.R.4269 — 115th Congress (2017-2018)All Information (Except Text)
Introduced in House (11/07/2017)
Public Funds for Public Schools Act
This bill amends the Internal Revenue Code to require the amount of a taxpayer's deductible charitable contributions to be reduced to account for the benefits of state income tax credits and deductions provided by a state to the taxpayer for a contribution to a specified school voucher organization.
A "specified school voucher organization" is an organization with the primary purpose of providing vouchers, scholarships, or other funds for the expenses of students to attend elementary or secondary schools.