HR 3388
110th Congress
House
Taxation
College costs
Economics and Public Finance
Education
Higher education
Income tax
Indexing (Economic policy)
Tax deductions
College Affordability Tax Relief Act of 2007
Introduced: August 3, 2007
Introduced by:
Gillibrand, Kirsten E.
Democratic
· New York
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 3, 2007
Referred to the House Committee on Ways and Means.
Aug 3, 2007
Introduced in House
Plain-English summary
College Affordability Tax Relief Act of 2007 - Amends the Internal Revenue Code to: (1) increase the tax deduction for tuition and related expenses; (2) allow an inflation adjustment after 2008 of taxpayer adjusted gross income levels used to determine eligibility for, and allowable amounts of, such deduction; and (3) make such deduction permanent.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1