To amend the Internal Revenue Code of 1986 to establish a refundable tax credit for school supplies.
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Summary
Based on the bill's title, this legislation would amend the Internal Revenue Code to create a refundable tax credit for school supplies. The credit would be available to taxpayers who purchase qualifying school supplies, and because it is refundable, taxpayers could receive payments even if their tax liability is reduced to zero. The bill has been referred to the House Committee on Ways and Means for consideration.
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