3.0.0 174 2023-01-15T21:34:10Z 2023-01-15T21:34:10Z Senate S S 2003-01-15 108 ssfi00 Finance Committee Senate Standing Referred to 2003-01-15T22:20:10Z 2003-01-15 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S861) IntroReferral 2003-01-15 Sponsor introductory remarks on measure. (CR S860-861) IntroReferral B00100 9 Library of Congress 2003-01-15 Introduced in Senate IntroReferral 10000 9 Library of Congress B000444 Sen. Biden, Joseph R., Jr. [D-DE] JOSEPH BIDEN D DE ROBINETTE N Taxation Administrative procedure College costs Cost of living adjustments Department of Education Economics and Public Finance Education Federal aid to education Government Operations and Politics Higher education Income tax Indexing (Economic policy) Law Scholarships Student loan funds Tax deductions Tuition tax credits Taxation 00 2003-01-15 Introduced in Senate 2006-11-28T17:35:40Z Increases the amount of the Lifetime Learning tax credit percentage from 20 to 25 percent. Increases the amount of education expenses subject to such credit from $10,000 to $12,000 (thus making the maximum allowable credit $3,000, rather than the current $2,000). Provides for inflation adjustment.

Raises annual income limits for the Hope and Lifetime Learning tax credits to $55,000 single and $110,000 joint.

Amends the Department of Education Appropriations Act, 2002 to increase the maximum Pell Grant award from $4,000 to $4,500.

Establishes an academic achievement scholarship program. Authorizes the Secretary of Education to award a $1,000 college scholarship to each student in a State who graduates in the top five percent of his or her accredited secondary school's graduating class.]]>

Tuition Assistance for Families Act Display Title Tuition Assistance for Families Act Official Title as Introduced A bill to put a college education within reach, and for other purposes. Introduced in Senate IS Short Titles as Introduced Tuition Assistance for Families Act Introduced in Senate 2003-01-15T05:00:00Z 2003-01-15 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S861) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.