US HB1738 | 2013-2014 | 113th Congress
Status
Spectrum: Partisan Bill (Democrat 115-1)
Status: Introduced on April 25 2013 - 25% progression, died in committee
Action: 2013-04-25 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 25 2013 - 25% progression, died in committee
Action: 2013-04-25 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
American Opportunity Tax Credit Act of 2013 - Amends the Internal Revenue Code to replace the Hope Scholarship and Lifetime Learning tax credits with a new American Opportunity Tax Credit that: (1) allows an income tax credit of up to $2,500 of the qualified tuition and related expenses of a student who is carrying at least one half of a normal course load, (2) increases the income threshold for reductions in the credit amount based upon modified adjusted gross income, (3) allows a lifetime dollar limitation on such credit of $15,000 for all taxable years, and (4) makes 40% of the credit refundable. Allows an exclusion from gross income of any amount received as a Federal Pell Grant.
Title
American Opportunity Tax Credit Act of 2013
Sponsors
History
Date | Chamber | Action |
---|---|---|
2013-04-25 | House | Referred to the House Committee on Ways and Means. |
Same As/Similar To
SB835 (Related) 2013-04-25 - Read twice and referred to the Committee on Finance.
HB3393 (Related) 2014-07-29 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 493.
HB2253 (Related) 2013-06-04 - Referred to the House Committee on Ways and Means.
HB3437 (Related) 2013-10-30 - Referred to House Education and the Workforce
SB1090 (Related) 2013-06-04 - Read twice and referred to the Committee on Finance.
HB3476 (Related) 2013-11-13 - Referred to the House Committee on Ways and Means.
HB3393 (Related) 2014-07-29 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 493.
HB2253 (Related) 2013-06-04 - Referred to the House Committee on Ways and Means.
HB3437 (Related) 2013-10-30 - Referred to House Education and the Workforce
SB1090 (Related) 2013-06-04 - Read twice and referred to the Committee on Finance.
HB3476 (Related) 2013-11-13 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/113th-congress/house-bill/1738/all-info |
Text | https://www.congress.gov/113/bills/hr1738/BILLS-113hr1738ih.pdf |