A bill to amend the Internal Revenue Code of 1986 to allow a credit against income tax for expenses of attending elementary and secondary schools and for contributions to charitable organizations which provide scholarships for children to attend such schools.
K-12 Community Participation Act of 1998 - Amends the Internal Revenue Code to allow a limited tax credit for the expenses of attending elementary and secondary schools (including home schooling) and for contributions to charitable organizations which provide scholarships for children to attend such schools.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S12169-12170)
Read twice and referred to the Committee on Finance.
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