A bill to amend subpart A of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1954 by inserting a new section of 44H to allow a credit for certain transportation expenses of foreign exchange students.

Summary

Amends the Internal Revenue Code to allow an income tax credit for the transportation expenses of a U.S. foreign exchange student incurred in traveling abroad to participate in a teenager exchange-visitor program. Limits such credit to 25 percent of the transportation expenses incurred.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 25 May 1983

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 25 May 1983

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 6 June 1983

   Committee

   Committee on Finance requested executive comment from OMB, Treasury Department.

   Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in Senate

  summary · EN · 25 May 1983

  Open at official source

Sponsors

• Sen. Durenberger, Dave [R-MN] · R · Sponsor
• Sen. Melcher, John [D-MT] · D · Sponsor
• · ssfi00 · Standing

Related records

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