S 4107 · 109th Congress · Taxation

College Opportunity Tax Credit Act of 2006

Introduced 2006-12-07· Sponsored by Sen. Kerry, John F. [D-MA]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S11503-11504)(2006-12-07)

Plain Language Summary

[AI summary unavailable — showing source text] College Opportunity Tax Credit Act of 2006 - Amends the Internal Revenue Code to replace the Hope Scholarship and Lifetime Learning Tax Credits with an increased, partially refundable college opportunity tax credit to cover up to four years (currently, limited to two years) of the tuition and related expenses of full or part-time postsecondary and graduate students.…

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