HR 5509 · 113th Congress · Taxation

College Tuition and Debt Relief Act of 2014

Introduced 2014-09-17· Sponsored by Rep. Braley, Bruce L. [D-IA-1]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2014-09-17)

Plain Language Summary

[AI summary unavailable — showing source text] College Tuition and Debt Relief Act of 2014 - Amends the Internal Revenue Code to: (1) make permanent the American Opportunity tax credit, (2) increase the allowable amount of such credit and adjust such amount for inflation for taxable years beginning after 2015, and (3) increase the tax deduction for student loan interest and adjust such increased amount for inflation for taxable years beginning after 2015.…

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