H.R. 4269 · 115th Congress
Public Funds for Public Schools Act
- Stage
- In committee
- Sponsor
- Terri Sewell
- Introduced
- 2017-11-07
- Latest action
- 2017-11-07 · Introduced in House
Summary
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.