Guaranteed Post Secondary Education for Americans Act

Summary

Guaranteed Post-Secondary Education for Americans Act - Amends the Internal Revenue Code to allow an income tax credit for the education expenses of any individual at an institution of post-secondary education. Allows a credit for 80 percent of expenses under $500, 60 percent of expenses between $500 and $1,000, and 40 percent of expenses between $500 and $2,250. Requires an annual cost of living adjustment to these expense limits. Limits the credit to the expenses of one student during the taxable year.

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Timeline

1. 24 January 1979

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 24 January 1979

   Introduced

   Introduced in House

   Source: IntroReferral

3. 24 January 1979

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 24 January 1979

  Open at official source

Sponsors

• Rep. Broomfield, William S. [R-MI-19] · R · Sponsor
• · hswm00 · Standing

Related records

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