HR 121 · 114th Congress · Taxation

Local Education Authority Returns Now Act

Introduced 2015-01-06· Sponsored by Rep. Garrett, Scott [R-NJ-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.(2015-04-29)

Plain Language Summary

[AI summary unavailable — showing source text] Local Education Authority Returns Now Act This bill requires the Secretary of the Treasury to make an annual determination of states that have chosen to opt-out of K-12 education grant programs and the Secretary of Education to determine credits due to states as opt-out state education amounts. The bill also amends the Internal Revenue Code to allow individual taxpayers in states that opt-out a refundable tax credit for a share of the opt-out amount creditable to such states.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (2)

2 Republicans
Rep. Russell, Steve [R-OK-5]OK
Rep. DeSantis, Ron [R-FL-6]FL