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United States · Bill · S

S. 3766 (109th)

America's Communities Leveraging Assets for Students and Schools (America's CLASS) Act of 2006

referredUnited States· United States Congress· EN

Introduced

1 August 2006

Last action

1 August 2006 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Santorum, Rick [R-PA], Sen. Martinez, Mel [R-FL], Sen. Ensign, John [R-NV]

Subjects

Taxation, Education

Source updated

15 August 2025

Taxation · Education

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Summary

America's Communities Leveraging Assets for Students and Schools (America's CLASS) Act of 2006 - Amends the Internal Revenue Code to allow corporations (other than S corporations) a tax credit for 50% of cash contributions of $5,000 or more made to a non-profit scholarship organization or an educational improvement organization. Limits the annual amount of such credit to $75,000.

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

Timeline

  1. 1 August 2006

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 1 August 2006

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 1 August 2006

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 1 August 2006

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 1 August 2006

    Open at official source

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Sponsors

Related records

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Sources

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