Summary: S.2819 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for S.2819. Bill summaries are authored by CRS.

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Introduced in Senate (11/07/2019)

Lifetime Learning Credit Enhancement Act

This bill amends the Internal Revenue Code, with respect to the lifetime learning tax credit, to increase the taxpayer income ceiling for purposes of the phaseout of such credit. Under current law, the phaseout of the credit begins for a taxpayer with a modified adjusted gross income over $40,000 ($80,000 for joint returns). This bill doubles those amounts.