US Congress House Bill 1260 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 146-1)
Status: Introduced on March 4 2015 - 25% progression, died in committee
Action: 2015-03-04 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

American Opportunity Tax Credit Act of 2015 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 a portion of such credit refundable. Allows an exclusion from gross income of any amount received as a Federal Pell Grant.

American Opportunity Tax Credit Act of 2015

Rep. Lloyd Doggett [D-TX]	Rep. Nancy Pelosi [D-CA]	Rep. Steny Hoyer [D-MD]	Rep. Xavier Becerra [D-CA]
Rep. Earl Blumenauer [D-OR]	Rep. Joseph Crowley [D-NY]	Rep. Ron Kind [D-WI]	Rep. John Larson [D-CT]
Rep. Sander Levin [D-MI]	Rep. John Lewis [D-GA]	Rep. Jim McDermott [D-WA]	Rep. Richard Neal [D-MA]
Rep. Bill Pascrell [D-NJ]	Rep. Charles Rangel [D-NY]	Rep. Mike Thompson [D-CA]	Sen. Chris Van Hollen [D-MD]
Rep. John Yarmuth [D-KY]	Rep. Karen Bass [D-CA]	Rep. Don Beyer [D-VA]	Rep. Sanford Bishop [D-GA]
Rep. Robert Brady [D-PA]	Rep. Corrine Brown [D-FL]	Rep. Julia Brownley [D-CA]	Rep. Cheri Bustos [D-IL]
Rep. G. Butterfield [D-NC]	Rep. Lois Capps [D-CA]	Rep. Michael Capuano [D-MA]	Rep. Tony Cardenas [D-CA]
Rep. Andre Carson [D-IN]	Rep. Matthew Cartwright [D-PA]	Rep. Kathy Castor [D-FL]	Rep. Joaquin Castro [D-TX]
Rep. Judy Chu [D-CA]	Rep. David Cicilline [D-RI]	Rep. Yvette Clarke [D-NY]	Rep. Lacy Clay [D-MO]
Rep. Emanuel Cleaver [D-MO]	Rep. James Clyburn [D-SC]	Rep. Steve Cohen [D-TN]	Rep. Gerald Connolly [D-VA]
Rep. John Conyers [D-MI]	Rep. Joe Courtney [D-CT]	Rep. Henry Cuellar [D-TX]	Rep. Elijah Cummings [D-MD]
Rep. Susan Davis [D-CA]	Rep. Peter DeFazio [D-OR]	Rep. Diana DeGette [D-CO]	Rep. Rosa DeLauro [D-CT]
Rep. Suzan DelBene [D-WA]	Rep. Theodore Deutch [D-FL]	Rep. Debbie Dingell [D-MI]	Rep. Michael Doyle [D-PA]
Rep. Donna Edwards [D-MD]	Rep. Keith Ellison [D-MN]	Rep. Eliot Engel [D-NY]	Rep. Elizabeth Esty [D-CT]
Rep. Sam Farr [D-CA]	Rep. Chaka Fattah [D-PA]	Rep. Lois Frankel [D-FL]	Rep. Marcia Fudge [D-OH]
Rep. John Garamendi [D-CA]	Rep. Al Green [D-TX]	Rep. Gene Green [D-TX]	Rep. Raul Grijalva [D-AZ]
Rep. Luis Gutierrez [D-IL]	Rep. Janice Hahn [D-CA]	Rep. Alcee Hastings [D-FL]	Rep. Denny Heck [D-WA]
Rep. Brian Higgins [D-NY]	Rep. Ruben Hinojosa [D-TX]	Rep. Michael Honda [D-CA]	Rep. Steve Israel [D-NY]
Rep. Sheila Jackson-Lee [D-TX]	Rep. Hakeem Jeffries [D-NY]	Rep. Eddie Johnson [D-TX]	Rep. Henry Johnson [D-GA]
Rep. Marcy Kaptur [D-OH]	Rep. Robin Kelly [D-IL]	Rep. Daniel Kildee [D-MI]	Rep. Derek Kilmer [D-WA]
Rep. Ann Kuster [D-NH]	Rep. James Langevin [D-RI]	Rep. Barbara Lee [D-CA]	Rep. David Loebsack [D-IA]
Rep. Alan Lowenthal [D-CA]	Sen. Ben Lujan [D-NM]	Rep. Michelle Lujan Grisham [D-NM]	Rep. Stephen Lynch [D-MA]
Rep. Carolyn Maloney [D-NY]	Rep. Doris Matsui [D-CA]	Rep. Betty McCollum [D-MN]	Rep. James McGovern [D-MA]
Rep. Gregory Meeks [D-NY]	Rep. Grace Meng [D-NY]	Rep. Gwen Moore [D-WI]	Rep. Jerrold Nadler [D-NY]
Rep. Grace Napolitano [D-CA]	Rep. Richard Nolan [D-MN]	Rep. Donald Norcross [D-NJ]	Rep. Eleanor Norton [D-DC]
Rep. Frank Pallone [D-NJ]	Rep. Donald Payne [D-NJ]	Rep. Ed Perlmutter [D-CO]	Rep. Pedro Pierluisi [N-PR]
Rep. Chellie Pingree [D-ME]	Rep. Mark Pocan [D-WI]	Rep. David Price [D-NC]	Rep. Cedric Richmond [D-LA]
Rep. Lucille Roybal-Allard [D-CA]	Rep. Bobby Rush [D-IL]	Rep. Tim Ryan [D-OH]	Rep. Linda Sanchez [D-CA]
Rep. Loretta Sanchez [D-CA]	Rep. John Sarbanes [D-MD]	Rep. Janice Schakowsky [D-IL]	Rep. Adam Schiff [D-CA]
Rep. Robert Scott [D-VA]	Rep. David Scott [D-GA]	Rep. Jose Serrano [D-NY]	Rep. Brad Sherman [D-CA]
Rep. Albio Sires [D-NJ]	Rep. Louise Slaughter [D-NY]	Rep. Jackie Speier [D-CA]	Rep. Eric Swalwell [D-CA]
Rep. Mark Takano [D-CA]	Rep. Bennie Thompson [D-MS]	Rep. Dina Titus [D-NV]	Rep. Paul Tonko [D-NY]
Rep. Niki Tsongas [D-MA]	Rep. Juan Vargas [D-CA]	Rep. Marc Veasey [D-TX]	Rep. Filemon Vela [D-TX]
Rep. Maxine Waters [D-CA]	Rep. Bonnie Coleman [D-NJ]	Sen. Peter Welch [D-VT]	Rep. Frederica Wilson [D-FL]
Rep. John Delaney [D-MD]	Rep. Ruben Gallego [D-AZ]	Rep. Patrick Murphy [D-FL]	Rep. Norma Torres [D-CA]
Rep. Joseph Kennedy [D-MA]	Rep. Rick Larsen [D-WA]	Rep. Terri Sewell [D-AL]	Rep. Raul Ruiz [D-CA]
Rep. Kathleen Rice [D-NY]	Rep. C.A. Ruppersberger [D-MD]	Rep. Nydia Velazquez [D-NY]

Date	Chamber	Action
2015-03-04	House	Referred to the House Committee on Ways and Means.
2015-03-04	House	Introduced in House

SB699 (Related) 2015-03-10 - Read twice and referred to the Committee on Finance.
HB5383 (Related) 2016-06-03 - Referred to the House Committee on Ways and Means.

Type	Source
Summary	https://www.congress.gov/bill/114th-congress/house-bill/1260/all-info
Text	https://www.congress.gov/114/bills/hr1260/BILLS-114hr1260ih.pdf