[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3983 Introduced in House (IH)]







110th CONGRESS
  1st Session
                                H. R. 3983

 To amend the Internal Revenue Code of 1986 to make permanent certain 
       tax benefits relating to elementary and secondary schools.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            October 29, 2007

 Mr. Altmire introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to make permanent certain 
       tax benefits relating to elementary and secondary schools.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``The Classroom Readiness Tax Relief 
Act of 2007''.

SEC. 2. ABOVE-THE-LINE DEDUCTION FOR CERTAIN EXPENSES OF ELEMENTARY AND 
              SECONDARY SCHOOL TEACHERS MADE PERMANENT.

    (a) In General.--Subparagraph (D) of section 62(a)(2) (relating to 
certain trade and business deductions of employees) is amended by 
striking ``In the case of taxable years beginning during 2002, 2003, 
2004, 2005, 2006, or 2007, the deductions'' and inserting ``The 
deductions''.
    (b) Effective Date.--The amendment made by this section shall apply 
to taxable years beginning after December 31, 2007.

SEC. 3. ENHANCED DEDUCTION FOR QUALIFIED COMPUTER CONTRIBUTIONS TO 
              ELEMENTARY AND SECONDARY SCHOOLS MADE PERMANENT.

    (a) In General.--(1) Clause (i) of section 170(e)(6)(B) of the 
Internal Revenue Code of 1986 is amended to read as follows:
                            ``(i) the contribution is to an educational 
                        organization described in subsection 
                        (b)(1)(A)(ii) which provides elementary 
                        education or secondary education (kindergarten 
                        through grade 12),''.
    (2) Paragraph (6) of section 170(e) of such Code (relating to 
special rule for contributions of computer technology and equipment for 
educational purposes) is amended--
            (A) by striking subparagraph (G), and
            (B) by striking subparagraph (C) and redesignating 
        subparagraphs (D), (E), and (F) as subparagraphs (C), (D), and 
        (E), respectively.
    (b) Effective Date.--The amendments made by this section shall 
apply to contributions made during taxable years beginning after 
December 31, 2007.
                                 <all>