HR 4912 · 108th Congress · Taxation

Affordable College Tuition Act of 2004

Introduced 2004-07-22· Sponsored by Rep. Ackerman, Gary L. [D-NY-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2004-07-22)

Plain Language Summary

[AI summary unavailable — showing source text] Affordable College Tuition Act of 2004 - Amends the Internal Revenue Code to revise the Hope Scholarship Tax Credit to allow a credit for 50 percent of higher education expenses without dollar limitation. Eliminates: (1) the two-year limitation on the credit; (2) the denial of the credit for students convicted of a felony drug offense; and (3) the modified adjusted gross income limitation on the credit.…

Summarized by Claude AI · Non-partisan · For informational purposes only