S.2819 - Lifetime Learning Credit Enhancement Act116th Congress (2019-2020) |
Bill
Hide Overview| Sponsor: | Sen. Roberts, Pat [R-KS] (Introduced 11/07/2019) |
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| Committees: | Senate - Finance |
| Latest Action: | Senate - 11/07/2019 Read twice and referred to the Committee on Finance. (All Actions) |
Tracker:
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Subject — Policy Area:
- Taxation
- View subjects
Summary: S.2819 — 116th Congress (2019-2020)All Information (Except Text)
There is one summary for S.2819. Bill summaries are authored by CRS.
Shown Here:
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.