This bill would change the Internal Revenue Code to raise the limit for the qualified elementary and secondary education scholarships tax credit for married taxpayers who file a joint return. The measure was introduced in the House, sponsored by Representatives Adrian Smith, Burgess Owens, and Tim Walberg, and referred to the House Committee on Ways and Means. No specific numeric increase, effective date, or other details are included in the public summary provided.
If you are a married couple filing a joint federal tax return and you use or give qualified elementary and secondary education scholarships that qualify for this tax credit, this bill would allow a higher credit limit for joint filers. No publicly available information on the exact change in the credit limit or when it would start.
No publicly available information on budgetary effects, revenue changes, or federal costs related to this bill.
No publicly available information on supporters' arguments or explanations beyond the bill text and sponsor names.
No publicly available information on opposition arguments or concerns in the public record for this bill.