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US HR2193

US HR2193
Students First Tax Deduction Act


summary

Introduced
04/09/2019
In Committee
04/09/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To amend the Internal Revenue Code of 1986 to make permanent 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, which had expired at the end of 2017, allows taxpayers to deduct up to $4,000 of qualified education expenses from their taxable income. By eliminating the expiration provision, this bill makes the deduction a permanent feature of the tax code, providing ongoing financial assistance to students and their families.

Committee Categories

Budget and Finance

Sponsors (7)

Last Action

Referred to the House Committee on Ways and Means. (on 04/09/2019)

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