A bill to amend the Internal Revenue Code of 1954 to permit a taxpayer to claim a credit for amounts paid as tuition to provide education for himself, for his spouse, or for his dependents, and to provide that such credit is refundable.
Tuition Tax Credit Act of 1979 - Amends the Internal Revenue Code to allow individuals a refundable income tax credit for 50 percent of the tuition paid to elementary, secondary, vocational,, or higher educational institutions for the education of such individuals, their spouses, or dependents. Limits the amount of such credit to $500 per individual for the taxable year.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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