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US HR1071

US HR1071
Student and Families Tax Reduction Act


summary

Introduced
02/07/2019
In Committee
02/07/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To amend the Internal Revenue Code of 1986 to permanently extend the deduction for qualified tuition and related expenses. This bill permanently extends the tax deduction for qualified tuition and related expenses. (The deduction expired at the end of 2017.)

AI Summary

This bill permanently extends the tax deduction for qualified tuition and related expenses. The deduction for qualified tuition and related expenses had previously expired at the end of 2017, but this bill amends the Internal Revenue Code to make the deduction permanent going forward. This allows students and families to continue claiming this deduction on their federal income tax returns.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

Referred to the House Committee on Ways and Means. (on 02/07/2019)

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