3.0.0 5078 2023-01-11T13:16:06Z 2023-01-11T13:16:06Z House H HR 2010-04-20 111 hswm00 Ways and Means Committee House Standing Referred to 2010-04-20T16:30:47Z 2010-04-20 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2010-04-20 Introduced in House IntroReferral Intro-H 9 Library of Congress 2010-04-20 Introduced in House IntroReferral 1000 9 Library of Congress H001038 Rep. Higgins, Brian [D-NY-27] Brian Higgins D NY 27 N M000309 Rep. McCarthy, Carolyn [D-NY-4] CAROLYN MCCARTHY D NY 4 2010-04-20 True P000585 Rep. Platts, Todd Russell [R-PA-19] TODD PLATTS R PA RUSSELL 19 2010-04-20 True R000580 Rep. Roskam, Peter J. [R-IL-6] Peter Roskam R IL J. 6 2010-04-20 True F000116 Rep. Filner, Bob [D-CA-51] BOB FILNER D CA 51 2010-04-27 False N000015 Rep. Neal, Richard E. [D-MA-2] RICHARD NEAL D MA E. 2 2010-04-29 False K000180 Rep. Kilpatrick, Carolyn C. [D-MI-13] CAROLYN KILPATRICK D MI CHEEKS 13 2010-05-04 False B001253 Rep. Bean, Melissa L. [D-IL-8] Melissa Bean D IL L. 8 2010-05-19 False M001134 Rep. Myrick, Sue Wilkins [R-NC-9] SUE MYRICK R NC WILKINS 9 2010-05-19 False P000595 Rep. Peters, Gary C. [D-MI-9] Gary Peters D MI 9 2010-06-10 False M000404 Rep. McDermott, Jim [D-WA-7] JIM MCDERMOTT D WA 7 2010-07-01 False B001230 Rep. Baldwin, Tammy [D-WI-2] Tammy Baldwin D WI 2 2010-07-22 False H000627 Rep. Hinchey, Maurice D. [D-NY-22] MAURICE HINCHEY D NY D. 22 2010-07-22 False S000810 Rep. Stark, Fortney Pete [D-CA-13] PETE STARK D CA 13 2010-11-16 False N000147 Del. Norton, Eleanor Holmes [D-DC-At Large] ELEANOR NORTON D DC HOLMES 0 2010-11-16 False R000486 Rep. Roybal-Allard, Lucille [D-CA-34] LUCILLE ROYBAL-ALLARD D CA 34 2010-11-18 False Taxation Higher education Income tax deductions Income tax exclusion Interest, dividends, interest rates Student aid and college costs Taxation 00 2010-04-20 Introduced in House 2010-05-15T15:26:40Z Higher Education Affordability and Equity Act of 2010 - Amends the Internal Revenue Code to: (1) repeal the dollar limitation on the tax deduction for interest on education loans and expand eligibility for such deduction by increasing the threshold for the phaseout of such deduction; (2) increase to $5,000 the maximum allowable contribution to a Coverdell education savings account; and (3) include qualified higher education expenses (i.e., books, supplies, room, board, and special needs services) as amounts excludable from gross income as a qualified scholarship.

Exempts from the general terminating date of the Economic Growth and Tax Relief Reconciliation Act (i.e., December 31, 2010) provisions of that Act modifying education individual retirement accounts and expanding the tax deduction for student loan interest.

]]> Higher Education Affordability and Equity Act of 2010 Display Title Higher Education Affordability and Equity Act of 2010 Official Title as Introduced To amend the Internal Revenue Code of 1986 to expand incentives for education. Introduced in House IH Short Titles as Introduced Higher Education Affordability and Equity Act of 2010 Introduced in House 2010-04-20T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr5078ih/xml/BILLS-111hr5078ih.xml 2010-04-20 Referred to the House Committee on Ways and Means. 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.