3.0.0 441 2022-02-03T05:25:58Z 2022-02-03T05:25:58Z House H HR 2005-02-01 109 hswm00 Ways and Means Committee House Standing Referred to 2005-02-01T19:07:40Z 2005-02-02 Sponsor introductory remarks on measure. (CR E160-161) IntroReferral B00100 9 Library of Congress 2005-02-01 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2005-02-01 Introduced in House IntroReferral Intro-H 9 Library of Congress 2005-02-01 Introduced in House IntroReferral 1000 9 Library of Congress S000522 Rep. Smith, Christopher H. [R-NJ-4] CHRISTOPHER SMITH R NJ H. 4 N Taxation Compensatory education Computer software Computers Costs Disabled Education Educational technology Educational tests Elementary and secondary education Elementary education Income tax Private schools Public schools School buses Science, Technology, Communications Secondary education Special education Tax credits Tax refunds Textbooks Transportation and Public Works Tuition tax credits User charges Taxation 00 2005-02-01 Introduced in House 2005-02-14T20:43:43Z Education, Achievement, and Opportunity Act - Amends the Internal Revenue Code to allow an annual refundable tax credit for certain expenses incurred for children enrolled in elementary or secondary public and private schools. Includes as eligible expenses: tuition and fees, computers and educational software, academic tutoring, special needs services for children with disabilities, transportation fees, and academic testing services. Excludes expenses for nonacademic purposes, including fees for student activities, athletics, insurance, school uniforms, and nonacademic after-school activities.

Limits the amount of such credit to $2,500 for a child enrolled in an elementary school and $3,500 for a child in secondary school. Reduces such credit amounts for taxpayers earning over $75,000 ($150,000 for married taxpayers filing a joint return).

]]> Education, Achievement, and Opportunity Act Short Titles as Introduced Education, Achievement, and Opportunity Act Official Title as Introduced To amend the Internal Revenue Code of 1986 to allow a refundable credit against income tax for tuition expenses incurred for each qualifying child of the taxpayer in attending public or private elementary or secondary school. Display Title Education, Achievement, and Opportunity Act Introduced in House 2005-02-01T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109hr441ih/xml/BILLS-109hr441ih.xml 2005-02-02 Sponsor introductory remarks on measure. (CR E160-161) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.