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United States · Bill · HR

H.R. 120 (108th)

Voluntary Opportunities for Increasing Contributions to Education Act

referredUnited States· United States Congress· EN

Introduced

7 January 2003

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

18 August 2025

Summary

Voluntary Opportunities for Increasing Contributions to Education Act - Amends the Internal Revenue Code to allow an annual tax credit of up to $500 for an individual ($1,000 for joint filers) and $100,000 for a corporation for 75 percent of the qualified charitable contributions (school tuition organizations, facility construction or renovation, computer acquisition or training) made on behalf of elementary or secondary schools.

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Documents

3 official files

Introduced in House (text)

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Sources

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