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United States · Bill · HR

H.R. 7478 (94th)

A bill to amend the Internal Revenue Code of 1954 to allow an income tax credit for tuition expenses of the taxpayer or the taxpayer's spouse or dependent at an institution of higher education.

referredUnited States· United States Congress· EN

Introduced

22 May 1975

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

1 August 2024

Summary

Allows under the Internal Revenue Code an income tax credit for tuition expenses of the taxpayer or the taxpayer's spouse or dependent at an institution of higher education. Limits such credit to: (1) full time students; (2) a maximum $1,500; and (3) the amount of the income tax imposed reduced by other specified allowable credits.

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Documents

1 official file

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Sources

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