US Congress House Bill 4872 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on March 23 2016 - 25% progression, died in committee
Action: 2016-09-19 - Referred to the Subcommittee on Higher Education and Workforce Training.
Pending: House Subcommittee on Higher Education and Workforce Training Committee
Text: Latest bill text (Introduced) [PDF]

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.

Save for Success Act

Sen. Ben Lujan [D-NM]

Rep. Michael Honda [D-CA]

Date	Chamber	Action
2016-09-19	House	Referred to the Subcommittee on Higher Education and Workforce Training.
2016-03-23	House	Referred to House Education and the Workforce
2016-03-23	House	Referred to House Ways and Means
2016-03-23	House	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.
2016-03-23	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/114th-congress/house-bill/4872/all-info
Text	https://www.congress.gov/114/bills/hr4872/BILLS-114hr4872ih.pdf