Summary: H.R.941 — 109th Congress (2005-2006)All Information (Except Text)

There is one summary for H.R.941. Bill summaries are authored by CRS.

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Introduced in House (02/17/2005)

More Money for College Act - Amends the Internal Revenue Code to: (1) eliminate the dollar limitation applicable to the tax deduction for qualified tuition and related expenses; (2) deny such deduction for taxpayers with adjusted gross incomes exceeding $80,000 ($160,000 for joint returns), adjusted for inflation; and (3) make such deduction permanent.