3.0.0 3393 2023-01-11T13:23:25Z 2023-01-11T13:23:25Z House H HR 2013-10-30 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mrs. BLACK:H.R. 3393.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 1The Congress shall have the Power to lay and collect Taxes,Duties, Imposts and Excises, to pay the Debt and provide forthe common Defense and general Welfare of the United States;but all Duties, Imposts and Excises shall be uniformthroughout the United States.[Page H6955]]]> hswm00 Ways and Means Committee House Standing Reported by 2014-07-17T15:43:40Z Markup by 2014-06-25T18:39:48Z Referred to 2013-10-30T14:02:50Z H. Rept. 113-526 Tax Reform Act of 2014 113 1 HR 2014-12-12 Sponsor introductory remarks on measure. (CR E1800-1801) Related bill CRS American Opportunity Tax Credit Act of 2013 113 1738 HR 2013-04-25 Referred to the House Committee on Ways and Means. Related bill CRS Higher Education and Skills Obtainment Act 113 2253 HR 2013-06-04 Referred to the House Committee on Ways and Means. Related bill CRS College Affordability Act of 2013 113 3437 HR 2013-10-30 Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. Related bill CRS Middle Class College Tuition Tax Credit Expansion Act 113 3476 HR 2013-11-13 Referred to the House Committee on Ways and Means. Related bill CRS American Opportunity Tax Credit Permanence and Consolidation Act of 2013 113 835 S 2013-04-25 Read twice and referred to the Committee on Finance. Related bill CRS Higher Education and Skills Obtainment Act 113 1090 S 2013-06-04 Read twice and referred to the Committee on Finance. Related bill CRS Providing for consideration of the bill (H.R. 3393) to amend the Internal Revenue Code of 1986 to consolidate certain tax benefits for educational expenses, and for other purposes, and providing for consideration of the bill (H.R. 4935) to amend the Internal Revenue Code of 1986 to make improvements to the child tax credit. 113 680 HRES 2014-07-24 Motion to reconsider laid on the table Agreed to without objection. 15:09:53 Related bill House Procedurally-related House Child Tax Credit Improvement Act of 2014 113 4935 HR 2014-07-25 Pursuant to the provisions of H. Res. 680, H.R. 4935 is laid on the table. 13:00:58 Related bill House 2014-07-29 Senate Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 493. Calendars 2014-07-28 Senate Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time. Calendars 2014-07-24 17:32:14 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2014-07-24 17:32:04 On passage Passed by the Yeas and Nays: 227 - 187 (Roll no. 449). Floor H37100 2 House floor actions 449 https://clerk.house.gov/evs/2014/roll449.xml House 113 2014-07-24T21:32:04Z 2 2014-07-24 17:32:04 Passed/agreed to in House: On passage Passed by the Yeas and Nays: 227 - 187 (Roll no. 449). Floor 8000 9 Library of Congress 449 https://clerk.house.gov/evs/2014/roll449.xml House 113 2014-07-24T21:32:04Z 2 2014-07-24 17:26:03 On motion to recommit with instructions Failed by the Yeas and Nays: 195 - 219 (Roll no. 448). Floor H36110 2 House floor actions hswm00 Ways and Means Committee 448 https://clerk.house.gov/evs/2014/roll448.xml House 113 2014-07-24T21:26:03Z 2 2014-07-24 16:58:35 The previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H6790) Floor H8A000 2 House floor actions 2014-07-24 16:51:24 DEBATE - The House proceeded with 10 minutes of debate on the Sinema motion to recommit with instructions, pending reservation of a point of order. Subsequently, the point of order was withdrawn. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to require the Secretary of the Treasury to provide a table for student loan borrowers in any publication related to the underlying bill. That table shall illustrate their current monthly payments for higher education loans and the amount that they would pay for that same loan had they been able to benefit from the lower interest rates that would go into effect if H.R. 4582, Bank on Students Emergency Loan Refinancing Act, were passed. Floor H8D000 2 House floor actions 2014-07-24 16:51:00 Ms. Sinema moved to recommit with instructions to the Committee on Ways and Means. (consideration: CR H6789-6790; text: CR H6789) Floor H36100 2 House floor actions hswm00 Ways and Means Committee 2014-07-24 16:50:47 The previous question was ordered pursuant to the rule. (consideration: CR H6789) Floor H35000 2 House floor actions 2014-07-24 15:55:54 DEBATE - The House proceeded with one hour of debate on H.R. 3393. Floor H8D000 2 House floor actions 2014-07-24 15:54:42 The rule provides for the consideration of H.R. 3393 and H.R. 4935 under a closed rule. Floor H8D000 2 House floor actions 2014-07-24 15:54:37 Considered under the provisions of rule H. Res. 680. (consideration: CR H6779-6791; text of amendment in the nature of a substitute: CR H6779-6780) Floor H30000 2 House floor actions 2014-07-23 17:40:11 Rules Committee Resolution H. Res. 680 Reported to House. The rule provides for the consideration of H.R. 3393 and H.R. 4935 under a closed rules. Floor H1L210 2 House floor actions 2014-07-17 Placed on the Union Calendar, Calendar No. 392. Calendars H12410 2 House floor actions U00392 2014-07-17 Reported (Amended) by the Committee on Ways and Means. H. Rept. 113-526. Committee H12200 2 House floor actions hswm00 Ways and Means Committee 2014-07-17 Reported (Amended) by the Committee on Ways and Means. H. Rept. 113-526. Committee 5000 9 Library of Congress hswm00 Ways and Means Committee 2014-06-25 hswm00 Ways and Means Committee 1 House committee actions Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 22 - 13. Committee 2014-06-25 hswm00 Ways and Means Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2013-10-30 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2013-10-30 Introduced in House IntroReferral Intro-H 9 Library of Congress 2013-10-30 Introduced in House IntroReferral 1000 9 Library of Congress B001273 Rep. Black, Diane [R-TN-6] Diane Black R TN 6 N D000096 Rep. Davis, Danny K. [D-IL-7] DANNY DAVIS D IL K. 7 2013-10-30 True Taxation Higher education Income tax credits Income tax exclusion Student aid and college costs Tax treatment of families Taxation 00 2013-10-30 Introduced in House 2013-11-19T19:05:00Z Student and Family Tax Simplification Act - Amends the Internal Revenue Code to provide for an American Opportunity Tax Credit, in lieu of the current Hope Scholarship and Lifetime Learning tax credits and the tax deduction for qualified tuition and related expenses, that provides for a credit of 100% of qualified tuition and related expenses (i.e., tuition, fees, and course materials) up to $2,000, plus 25% of such expenses as exceeds $2,000 but not more than $4,000. Reduces the allowable amount of such credit based upon the taxpayer's modified adjusted gross income. Allows an exclusion from gross income for amounts received as a Federal Pell Grant.

]]> 17 2014-07-17 Reported to House with amendment(s) 2014-07-21T21:28:56Z Student and Family Tax Simplification Act - Amends the Internal Revenue Code to provide for an American Opportunity Tax Credit, in lieu of the current Hope Scholarship and Lifetime Learning tax credits and the tax deduction for qualified tuition and related expenses, that provides for each eligible student (i.e., a student who meets certain requirements of the Higher Education Act of 1965 and who is carrying at least 1/2 the normal full-time course load) a credit of 100% of up to $2,000 of qualified tuition and related expenses (i.e., tuition, fees, and course materials, excluding expenses for courses involving sports, games, or hobbies or for expenses unrelated to academic instruction), plus 25% of so much of such expenses as exceeds $2,000, but not more than $4,000. Makes up to $1,500 of such credit refundable. Modifies the phaseout of such credit based on taxpayer modified adjusted gross income by increasing the income level for such phaseout. Allows an inflation adjustment to credit and phaseout amounts for taxable years beginning after 2018.

Eliminates the disallowance of the credit for students who have been convicted of a felony drug offense.

Requires a taxpayer claiming such credit to include on the taxpayer's tax return the employer identification number of the educational institution to which qualified tuition and related expenses were paid.

Excludes from gross income, for income tax purposes, amounts received as a Federal Pell Grant in taxable years beginning after 2014.

]]> 36 2014-07-24 Passed House amended 2014-07-29T18:42:53Z Title I: Student and Family Tax Simplification Act - Student and Family Tax Simplification Act - (Sec. 102) Amends the Internal Revenue Code to provide for an American Opportunity Tax Credit, in lieu of the current Hope Scholarship and Lifetime Learning tax credits and the tax deduction for qualified tuition and related expenses, that provides for each eligible student (i.e., a student who meets certain requirements of the Higher Education Act of 1965 and who is carrying at least 1/2 the normal full-time course load) a credit of 100% of up to $2,000 of qualified tuition and related expenses (i.e., tuition, fees, and course materials, excluding expenses for courses involving sports, games, or hobbies or for expenses unrelated to academic instruction), plus 25% of so much of such expenses as exceeds $2,000, but not more than $4,000. Makes up to $1,500 of such credit refundable. Modifies the phaseout of such credit based on taxpayer modified adjusted gross income by increasing the income level for such phaseout. Allows an inflation adjustment to credit and phaseout amounts for taxable years beginning after 2018.

Eliminates the disallowance of the credit for students who have been convicted of a felony drug offense.

Requires a taxpayer claiming such credit to include on the his or her tax return the employer identification number of the educational institution to which qualified tuition and related expenses were paid.

(Sec. 103) Excludes from gross income, for income tax purposes, amounts received as a Federal Pell Grant in taxable years beginning after 2014.

(Sec. 104) Prohibits the entry of the budgetary effects of this Act on any PAYGO (pay-as-you-go) scorecard.

Title II: Child Tax Credit Improvement Act - Child Tax Credit Improvement Act of 2014 - (Sec. 202) Amends the Internal Revenue Code, with respect to the child tax credit, to: (1) increase from $110,00 to $150,000 ($75,000 for individual taxpayers and married taxpayers filing separately) the threshold amount applicable to married couples filing joint tax returns above which such tax credit is reduced, and (2) allow an inflation adjustment to the threshold amounts and the $1,000 credit amount beginning after 2014.

(Sec. 203) Requires taxpayers to include their social security numbers on their tax returns to claim the refundable portion of the child tax credit.

(Sec. 204) Prohibits the entry of the budgetary effects of this Act on any PAYGO (pay-as-you-go) scorecard.

]]> Student and Family Tax Simplification Act Display Title Student and Family Tax Simplification Act Official Title as Introduced To amend the Internal Revenue Code of 1986 to consolidate certain tax benefits for educational expenses, and for other purposes. Introduced in House IH Short Titles as Passed House for portions of this bill Child Tax Credit Improvement Act of 2014 H House Short Titles as Introduced Student and Family Tax Simplification Act Official Titles as Amended by House To amend the Internal Revenue Code of 1986 to consolidate certain tax benefits for educational expenses, to amend the Internal Revenue Code of 1986 to make improvements to the child tax credit, and for other purposes. H House Short Titles as Passed House for portions of this bill Student and Family Tax Simplification Act H House Short Titles as Reported to House Student and Family Tax Simplification Act H House 1123 113 HAMDT 2022-02-03T05:49:22Z Rules Committee 2014-07-24T04:00:00Z House of Representatives 113 HR House H 3393 Student and Family Tax Simplification Act 2023-01-11T13:23:25Z 3 2014-07-24 House amendment offered Floor 71000 9 Library of Congress 2014-07-24 House amendment offered Floor 71000 9 Library of Congress Placed on Calendar Senate 2014-07-29T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr3393pcs/xml/BILLS-113hr3393pcs.xml Engrossed in House 2014-07-24T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr3393eh/xml/BILLS-113hr3393eh.xml Reported in House 2014-07-17T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr3393rh/xml/BILLS-113hr3393rh.xml Introduced in House 2013-10-30T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr3393ih/xml/BILLS-113hr3393ih.xml 2014-07-29 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 493. 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.