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HR 4872 114th Congress House Taxation Bank accounts, deposits, capital Higher education Income tax credits Student aid and college costs

Save for Success Act

Introduced: March 23, 2016 Introduced by: Luján, Ben Ray Democratic · New Mexico See on congress.gov
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 19, 2016
Referred to the Subcommittee on Higher Education and Workforce Training.
Mar 23, 2016
Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Mar 23, 2016
Introduced in House
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 Plain-English summary Congressional Research Service

Save for Success Act

This bill amends the Internal Revenue Code to: (1) modify the American Opportunity Tax Credit to include an increased credit amount for college savings contributions, and (2) direct the Departments of the Treasury and Education to jointly establish a pilot program to make periodic payments of educational expenses for a student as such expenses are incurred during the taxable year.

Treasury shall establish a taxpayer awareness program to inform the public of the availability of the American Opportunity Tax Credit.

What's happening now September 19, 2016

Referred to the Subcommittee on Higher Education and Workforce Training.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 3
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APA
U.S. Congress. (2026). H.R. 4872: Save for Success Act. 114th Congress. Open America. https://openamerica.io/bill/114-HR-4872/
MLA
"H.R. 4872: Save for Success Act." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-4872/.
Bluebook (legal)
H.R. 4872, 114th Cong. (2026), https://openamerica.io/bill/114-HR-4872/.
Markdown link
[H.R. 4872: Save for Success Act](https://openamerica.io/bill/114-HR-4872/)
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