Summary: H.R.1957 — 111th Congress (2009-2010)All Information (Except Text)

There is one summary for H.R.1957. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (04/02/2009)

Helping Families Afford Tuition Act - Amends the Internal Revenue Code to replace the Hope Scholarship and Lifetime Learning tax credits with an income-based tax credit for 50% of qualified tuition and related expenses, up to $10,000, for attendance at an institution of higher education. Repeals the tax deduction for qualified tuition and related expenses.