Children's Education Tax Credit Act - Amends the Internal Revenue Code to establish a tax credit (up to $1,500 per student) for the qualified educational expenses paid by a taxpayer on behalf of a dependent individual who receives or is eligible to receive free or reduced price school meals.
Defines "eligible educational institution" as a secondary school, an elementary school, or any private, parochial, religious, or home school providing elementary or secondary education, or both.
Actions
Jan 30, 2001
Referred to the House Committee on Ways and Means.