3.0.0 1413 2023-01-11T13:31:05Z 2023-01-11T13:31:05Z Senate S 2015-05-21 114 ssfi00 Finance Committee Senate Standing Referred to 2015-05-21T16:03:47Z 2015-05-21 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2015-05-21 Introduced in Senate IntroReferral 10000 9 Library of Congress C000542 Sen. Coats, Daniel [R-IN] DANIEL COATS R IN RAY N H000338 Sen. Hatch, Orrin G. [R-UT] ORRIN HATCH R UT GRANT 2015-05-21 True Taxation Higher education Income tax credits Income tax deductions Student aid and college costs Tax administration and collection, taxpayers Taxation 00 2015-05-21 Introduced in Senate 2015-07-15T20:14:39Z Higher Education Tax Benefit Compliance Improvement Act

This bill amends the Internal Revenue Code to: (1) exempt an institution of higher education from tax penalties for failure to provide the tax identification number (TIN) of a person who claims a tax credit for tuition and related expenses if such institution certifies that it has complied with standards for obtaining the TIN, and (2) disallow the American Opportunity tax credit and the tax deduction for tuition and related expenses unless the taxpayer receives a payee statement containing the TIN of the individual claiming the credit or the deduction.

]]> Higher Education Tax Benefit Compliance Improvement Act Display Title Higher Education Tax Benefit Compliance Improvement Act Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to improve compliance in higher education tax benefits. Introduced in Senate IS Short Titles as Introduced Higher Education Tax Benefit Compliance Improvement Act Introduced in Senate 2015-05-21T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s1413is/xml/BILLS-114s1413is.xml 2015-05-21 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.