Tuition Relief Act of 1981

[AI summary unavailable — showing source text] Tuition Relief Act of 1981 - Amends the Internal Revenue Code to allow a taxpayer a refundable income tax credit for tuition paid to an elementary, secondary, vocational, or higher educational institution for the education of the taxpayer or the taxpayer's spouse or dependents. Limits the amount of the credit to 50 percent of the amount of tuition paid up to a maximum of $300.…