US SB2819 | 2019-2020 | 116th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on November 7 2019 - 25% progression, died in committee
Action: 2019-11-07 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on November 7 2019 - 25% progression, died in committee
Action: 2019-11-07 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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). doubles those amounts.
Title
Lifetime Learning Credit Enhancement Act
Sponsors
| Sen. Pat Roberts [R-KS] | Sen. Kirsten Gillibrand [D-NY] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-11-07 | Senate | Read twice and referred to the Committee on Finance. |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/senate-bill/2819/all-info |
| Text | https://www.congress.gov/116/bills/s2819/BILLS-116s2819is.pdf |
