[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 945 Introduced in House (IH)]

111th CONGRESS
  1st Session
                                H. R. 945

To amend the Internal Revenue Code of 1986 to allow additional expenses 
for purposes of determining the Hope Scholarship Credit, and for other 
                               purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           February 10, 2009

Mr. Brady of Texas (for himself and Mr. Gene Green of Texas) 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 allow additional expenses 
for purposes of determining the Hope Scholarship Credit, and for other 
                               purposes.

    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 ``Hope Scholarship Credit Expansion 
Act of 2009''.

SEC. 2. MODIFICATION OF HOPE SCHOLARSHIP CREDIT.

    (a) Allowance of Additional Expenses.--Paragraph (1) of section 
25A(f) of the Internal Revenue Code of 1986 (defining qualified tuition 
and related expenses) is amended by adding at the end the following new 
subparagraph:
                    ``(D) Additional expenses allowed for hope 
                scholarship credit.--For purposes of the Hope 
                Scholarship Credit, such term shall include--
                            ``(i) costs incurred for room and board 
                        that are not in excess of the limitation 
                        imposed under section 529(e)(3)(B)(ii),
                            ``(ii) at the election of the taxpayer, 
                        expenses which would be employment-related 
                        expenses (as defined in section 21(b)) if 
                        attendance at an eligible educational 
                        institution were treated as employment, and
                            ``(iii) books, supplies, and equipment 
                        required for courses of instruction at the 
                        eligible educational institution.
                No credit shall be allowed to the taxpayer under 
                section 21 for the taxable year if the taxpayer elects 
                the application of clause (ii) for such taxable 
                year.''.
    (b) Effective Date.--The amendment made by this section shall apply 
to expenses paid after December 31, 2008 (in taxable years ending after 
such date), for education furnished in academic periods beginning after 
such date.
                                 <all>