[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4443 Introduced in House (IH)]







109th CONGRESS
  1st Session
                                H. R. 4443

To amend the Internal Revenue Code of 1986 to extend the deduction for 
                qualified tuition and related expenses.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            December 6, 2005

  Mr. Israel introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
To amend the Internal Revenue Code of 1986 to extend the deduction for 
                qualified tuition and related expenses.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Higher Education Tax Deduction 
Expansion Act of 2005''.

SEC. 2. EXTENSION OF DEDUCTION FOR QUALIFIED TUITION AND RELATED 
              EXPENSES.

    (a) Extension.--Section 222 of the Internal Revenue Code of 1986 
(relating to qualified tuition and related expenses) is amended by 
striking subsection (e).
    (b) Increase in Dollar Limitation.--Subsection (b) of such section 
of such Code is amended to read as follows:
    ``(b) Dollar Limitation.--The amount allowed as a deduction under 
subsection (a) with respect to the taxpayer for any taxable year shall 
not exceed $7,500.''.
    (c) Effective Date.--The amendments made by this section shall 
apply to payments made in taxable years beginning after December 31, 
2005.
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