S. 695 · 108th Congress
Teacher Tax Relief Act of 2003
- Stage
- In committee
- Sponsor
- Susan Collins
- Introduced
- 2003-03-24
- Latest action
- 2003-03-24 · Introduced in Senate
Summary
Teacher Tax Relief Act of 2003 - Amends the Internal Revenue Code to increase from $250 to $500 the maximum above-the-line deduction allowed for classroom supply expenses incurred by elementary and secondary school teachers, effective after December 31, 2002. Expands such deduction to include qualified professional development expenses.