Voluntary Opportunities for Increasing Contributions to Education Act
Last action on May 2, 2001Referred to the House Committee on Ways and Means.
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Summary
Voluntary Opportunities for Increasing Contributions to Education Act - Amends the Internal Revenue Code to allow an annual tax credit of up to $500 for an individual ($1,000 for joint filers) and $100,000 for a corporation for 75 percent of the qualified charitable contributions (school tuition organizations, facility construction or renovation, computer acquisition or training) made on behalf of elementary or secondary schools.
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