S. 3766 · 109th Congress
America's Communities Leveraging Assets for Students and Schools (America's CLASS) Act of 2006
- Stage
- In committee
- Sponsor
- Rick Santorum
- Introduced
- 2006-08-01
- Latest action
- 2006-08-01 · Introduced in Senate
Summary
America's Communities Leveraging Assets for Students and Schools (America's CLASS) Act of 2006 - Amends the Internal Revenue Code to allow corporations (other than S corporations) a tax credit for 50% of cash contributions of $5,000 or more made to a non-profit scholarship organization or an educational improvement organization. Limits the annual amount of such credit to $75,000.