S 2465
117th Congress
Senate
Taxation
American Opportunity Tax Credit Enhancement Act of 2021
Introduced: July 22, 2021
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 22, 2021
Read twice and referred to the Committee on Finance.
Jul 22, 2021
Introduced in Senate
Plain-English summary
American Opportunity Tax Credit Enhancement Act of 2021
This bill modifies the American Opportunity and Lifetime Learning tax credits to make the American Opportunity tax credit 100% refundable. It also modifies the provision denying the American Opportunity tax credit to students convicted of a federal or state felony relating to the possession or distribution of a controlled substance. Students may not be denied such credit unless the prison term for the drug offense is at least 15 years.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1