HR 2771 · 95th Congress · Taxation

Guaranteed Post-Secondary Education for Americans Act

Introduced 1977-02-01· Sponsored by Rep. Broomfield, William S. [R-MI-19]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1977-02-01)

Plain Language Summary

[AI summary unavailable — showing source text] Guaranteed Post-Secondary Education for Americans Act - Amends the Internal Revenue Code to allow taxpayers a refundable income credit for specified higher education expenses, including tuition, fees, books and supplies, incurred by the taxpayer for himself or any dependent. Limits the credit to 80 percent of the first $500 for any individual, 60 percent of the next $500, and 40 percent of the next $1,250.…

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