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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

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

15 August 2025

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.

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Documents

3 official files

Introduced in Senate (text)

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