HR 2868 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide a credit for contributions to institutions of higher education for international business studies.

Introduced 1981-03-25· Sponsored by Rep. Simon, Paul [D-IL-24]· 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.(1981-03-25)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow an income tax credit for 25 percent of any contributions to an institution of higher education for international business studies. Limits the dollar amount of such credit to $50,000 for any taxable year.…

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