Family Protection Act

[AI summary unavailable — showing source text] Family Protection Act - States as the purpose of this Act the abolition of Federal governmental policies which interfere with the freedom of the American family. Title I: Education - Abolishes the Department of Education and nullifies all regulations, contracts, licenses, or privileges issued by such Department prior to the effective date of this Act. Directs the Director of the Office of Management and Budget to provide for the orderly termination of the affairs of such Department. Forbids any court of the United States from requiring the attendance at a particular school of any student because of race, color, creed, or sex. Prohibits the Secretary of the Treasury from issuing in final form the "Proposed Revenue Procedure on Private Tax-Exempt Schools", which sets forth guidelines for determining whether a private school has forfeited its tax-exempt status by the adoption of racially discriminatory policies. Amends the Internal Revenue Code to: (1) allow an income tax credit for 100 percent of the amount of tuition paid for the elementary, secondary, or higher education of the taxpayer, spouse, or dependents; (2) allow an income tax deduction for amounts paid into an education sav…