S 2819
116th Congress
Senate
Taxation
Higher education
Income tax credits
Income tax deductions
Student aid and college costs
Lifetime Learning Credit Enhancement Act
Introduced: November 7, 2019
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 7, 2019
Read twice and referred to the Committee on Finance.
Nov 7, 2019
Introduced in Senate
Plain-English summary
Lifetime Learning Credit Enhancement Act
This bill amends the Internal Revenue Code, with respect to the lifetime learning tax credit, to increase the taxpayer income ceiling for purposes of the phaseout of such credit. Under current law, the phaseout of the credit begins for a taxpayer with a modified adjusted gross income over $40,000 ($80,000 for joint returns). This bill doubles those amounts.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1