HR 2924 · 110th Congress · Taxation
Greater Access To Education Act of 2007
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2007-06-28)
Plain Language Summary
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Greater Access to Education Act of 2007 - Amends Internal Revenue Code provisions relating to the Hope Scholarship tax credit to: (1) include room, board, fees, books, supplies, and equipment as expenses eligible for such credit; (2) exclude Pell and Supplemental Educational Opportunity Grants from types of scholarship assistance which reduce the allowable amount of such credit; and (3) exempt certain expenses eligible for such credit from tax information reporting requirements. Makes the Hope Scholarship and Lifetime Learning tax credits refundable.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (5)
5 Democrats