S 2819 · 116th Congress · Taxation
Lifetime Learning Credit Enhancement Act
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(2019-11-07)
Plain Language Summary
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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.…
Summarized by Claude AI · Non-partisan · For informational purposes only