HR 2924
110th Congress
House
Taxation
Books
College costs
Education
Higher education
Income tax
Scholarships
Tax refunds
Tax returns
Teaching materials
Textbooks
Tuition tax credits
Greater Access To Education Act of 2007
Introduced: June 28, 2007
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 28, 2007
Referred to the House Committee on Ways and Means.
Jun 28, 2007
Introduced in House
Plain-English summary
Greater Access to Education Act of 2007 - Amends Internal Revenue Code provisions relating to the Hope Scholarship tax credit to: (1) include room, board, fees, books, supplies, and equipment as expenses eligible for such credit; (2) exclude Pell and Supplemental Educational Opportunity Grants from types of scholarship assistance which reduce the allowable amount of such credit; and (3) exempt certain expenses eligible for such credit from tax information reporting requirements.
Makes the Hope Scholarship and Lifetime Learning tax credits refundable.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1