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United States · Bill · HR

H.R. 5340 (111th)

Local Education Authority Returns Now Act

referredUnited States· United States Congress· EN

Introduced

19 May 2010

Last action

Status

Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.

Sponsors

Subjects

Discovery layer

Source updated

23 March 2026

Summary

Local Education Authority Returns Now Act - Requires the Secretary of the Treasury to make an annual determination of states that have chosen to opt-out of K-12 education grant programs. Requires the Secretary of Education to determine credits due to states as opt-out state education amounts. Amends the Internal Revenue Code to allow individual taxpayers in states that opt-out a refundable tax credit for a share of the opt-out amount creditable to such states.

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Documents

3 official files

Introduced in House (text)

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