Summary: H.R.2378 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.2378. Bill summaries are authored by CRS.

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Introduced in House (05/04/2017)

Save for Success Act

This bill amends the Internal Revenue Code, with respect to the American Opportunity Tax Credit for qualified tuition and related expenses, to: (1) permit up to $250 of the credit per year to be used for college savings contributions that are taken into account before tuition and fees, (2) direct the Departments of the Treasury and Education to jointly establish a pilot program to make periodic payments of the credit as educational expenses for a student are incurred during the taxable year, and (3) direct Treasury to establish a taxpayer awareness program to inform the public of the availability of the credit.