3.0.0 2087 2023-01-15T10:03:18Z 2023-01-15T10:03:18Z Senate S S 2004-02-12 108 ssfi00 Finance Committee Senate Standing Referred to 2004-02-13T00:04:07Z 2004-02-12 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2004-02-12 Sponsor introductory remarks on measure. (CR S1295-1296) IntroReferral B00100 9 Library of Congress 2004-02-12 Introduced in Senate IntroReferral 10000 9 Library of Congress G000352 Sen. Graham, Bob [D-FL] DANIEL GRAHAM D FL ROBERT N Taxation College costs Continuing education Education Government Operations and Politics Government paperwork Higher education Income tax Labor and Employment Tax administration Tax penalties Tax refunds Tax returns Tuition tax credits Vocational and technical education Taxation 00 2004-02-12 Introduced in Senate 2004-03-31T15:37:43Z Amends the Internal Revenue Code to increase: (1 ) the amount of the Hope Scholarship income tax credit to 100 percent of tuition and related expenses up to $2,500, and (2) the number of years for which the credit can be claimed from two to four years. Makes such credit and the Lifetime Learning credit refundable.

Directs the Secretary of the Treasury to establish a program for making advance payments of Hope Scholarship and Lifetime Learning income tax credit amounts to schools for the benefit of the taxpayer. Requires a taxpayer for whom an advance payment is made to file specified informational returns.

]]> A bill to amend the Internal Revenue Code of 1986 to expand the Hope Scholarship and Lifetime Learning Credits. Display Title A bill to amend the Internal Revenue Code of 1986 to expand the Hope Scholarship and Lifetime Learning Credits. Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to expand the Hope Scholarship and Lifetime Learning Credits. Introduced in Senate IS Introduced in Senate 2004-02-12T05:00:00Z 2004-02-12 Read twice and referred to the Committee on Finance. 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.