American Opportunity Tax Credit Act of 2015
Latest action · Mar 4, 2015 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 4, 2015
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
American Opportunity Tax Credit Act of 2015
Amends the Internal Revenue Code to replace the Hope Scholarship and Lifetime Learning tax credits with a new American Opportunity Tax Credit that: (1) allows an income tax credit of up to $2,500 of the qualified tuition and related expenses of a student who is carrying at least one half of a normal course load, (2) increases the income threshold for reductions in the credit amount based upon modified adjusted gross income, (3) allows a lifetime dollar limitation on such credit of $15,000 for all taxable years, and (4) makes a portion of such credit refundable. Allows an exclusion from gross income of any amount received as a Federal Pell Grant.
Cosponsors 146
Members who signed on, in the order they did. Signatures ran from Mar 4, 2015 to Mar 3, 2016; 145 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-CA | Adam B. Schiff | Original | Mar 4, 2015 |
| D-TX | Al Green | Original | Mar 4, 2015 |
| D-CA | Alan S. Lowenthal | Original | Mar 4, 2015 |
| D-NJ | Albio Sires | Original | Mar 4, 2015 |
| D-FL | Alcee L. Hastings | Original | Mar 4, 2015 |
| D-IN | André Carson | Original | Mar 4, 2015 |
| D-NH | Ann M. Kuster | Original | Mar 4, 2015 |
| D-CA | Barbara Lee | Original | Mar 4, 2015 |
| D-NM | Ben Ray Luján | Original | Mar 4, 2015 |
| D-MS | Bennie G. Thompson | Original | Mar 4, 2015 |
| D-MN | Betty McCollum | Original | Mar 4, 2015 |
| D-NJ | Bill Pascrell, Jr. | Original | Mar 4, 2015 |
| D-IL | Bobby L. Rush | Original | Mar 4, 2015 |
| D-NJ | Bonnie Watson Coleman | Original | Mar 4, 2015 |
| D-CA | Brad Sherman | Original | Mar 4, 2015 |
| D-NY | Brian Higgins | Original | Mar 4, 2015 |
| D-MD | C. A. Dutch Ruppersberger | Original | Mar 4, 2015 |
| D-NY | Carolyn B. Maloney | Original | Mar 4, 2015 |
| D-LA | Cedric L. Richmond | Original | Mar 4, 2015 |
| D-PA | Chaka Fattah | Original | Mar 4, 2015 |
| D-NY | Charles B. Rangel | Original | Mar 4, 2015 |
| D-ME | Chellie Pingree | Original | Mar 4, 2015 |
| D-IL | Cheri Bustos | Original | Mar 4, 2015 |
| D-MD | Chris Van Hollen | Original | Mar 4, 2015 |
| D-FL | Corrine Brown | Original | Mar 4, 2015 |
| D-MI | Daniel T. Kildee | Original | Mar 4, 2015 |
| D-NC | David E. Price | Original | Mar 4, 2015 |
| D-IA | David Loebsack | Original | Mar 4, 2015 |
| D-RI | David N. Cicilline | Original | Mar 4, 2015 |
| D-GA | David Scott | Original | Mar 4, 2015 |
| D-MI | Debbie Dingell | Original | Mar 4, 2015 |
| D-WA | Denny Heck | Original | Mar 4, 2015 |
| D-WA | Derek Kilmer | Original | Mar 4, 2015 |
| D-CO | Diana DeGette | Original | Mar 4, 2015 |
| D-NV | Dina Titus | Original | Mar 4, 2015 |
| D-NJ | Donald M. Payne, Jr. | Original | Mar 4, 2015 |
| D-NJ | Donald Norcross | Original | Mar 4, 2015 |
| D-VA | Donald S. Beyer, Jr. | Original | Mar 4, 2015 |
| D-MD | Donna F. Edwards | Original | Mar 4, 2015 |
| D-CA | Doris O. Matsui | Original | Mar 4, 2015 |
| D-OR | Earl Blumenauer | Original | Mar 4, 2015 |
| D-CO | Ed Perlmutter | Original | Mar 4, 2015 |
| D-TX | Eddie Bernice Johnson | Original | Mar 4, 2015 |
| D-DC | Eleanor Holmes Norton | Original | Mar 4, 2015 |
| D-MD | Elijah E. Cummings | Original | Mar 4, 2015 |
| D-NY | Eliot L. Engel | Original | Mar 4, 2015 |
| D-CT | Elizabeth H. Esty | Original | Mar 4, 2015 |
| D-MO | Emanuel Cleaver | Original | Mar 4, 2015 |
| D-CA | Eric Swalwell | Original | Mar 4, 2015 |
| D-TX | Filemon Vela | Original | Mar 4, 2015 |
| D-NJ | Frank Pallone, Jr. | Original | Mar 4, 2015 |
| D-FL | Frederica S. Wilson | Original | Mar 4, 2015 |
| D-NC | G. K. Butterfield | Original | Mar 4, 2015 |
| D-TX | Gene Green | Original | Mar 4, 2015 |
| D-VA | Gerald E. Connolly | Original | Mar 4, 2015 |
| D-CA | Grace F. Napolitano | Original | Mar 4, 2015 |
| D-NY | Grace Meng | Original | Mar 4, 2015 |
| D-NY | Gregory W. Meeks | Original | Mar 4, 2015 |
| D-WI | Gwen Moore | Original | Mar 4, 2015 |
| D-NY | Hakeem S. Jeffries | Original | Mar 4, 2015 |
| D-GA | Henry C. "Hank" Johnson, Jr. | Original | Mar 4, 2015 |
| D-TX | Henry Cuellar | Original | Mar 4, 2015 |
| D-CA | Jackie Speier | Original | Mar 4, 2015 |
| D-SC | James E. Clyburn | Original | Mar 4, 2015 |
| D-MA | James P. McGovern | Original | Mar 4, 2015 |
| D-RI | James R. Langevin | Original | Mar 4, 2015 |
| D-IL | Janice D. Schakowsky | Original | Mar 4, 2015 |
| D-CA | Janice Hahn | Original | Mar 4, 2015 |
| D-NY | Jerrold Nadler | Original | Mar 4, 2015 |
| D-WA | Jim McDermott | Original | Mar 4, 2015 |
| D-TX | Joaquin Castro | Original | Mar 4, 2015 |
| D-CT | Joe Courtney | Original | Mar 4, 2015 |
| D-KY | John A. Yarmuth | Original | Mar 4, 2015 |
| D-CT | John B. Larson | Original | Mar 4, 2015 |
| D-MI | John Conyers, Jr. | Original | Mar 4, 2015 |
| D-CA | John Garamendi | Original | Mar 4, 2015 |
| D-MD | John K. Delaney | Original | Mar 4, 2015 |
| D-GA | John Lewis | Original | Mar 4, 2015 |
| D-MD | John P. Sarbanes | Original | Mar 4, 2015 |
| D-NY | Jose E. Serrano | Original | Mar 4, 2015 |
| D-NY | Joseph Crowley | Original | Mar 4, 2015 |
| D-MA | Joseph P. Kennedy III | Original | Mar 4, 2015 |
| D-CA | Juan Vargas | Original | Mar 4, 2015 |
| D-CA | Judy Chu | Original | Mar 4, 2015 |
| D-CA | Julia Brownley | Original | Mar 4, 2015 |
| D-CA | Karen Bass | Original | Mar 4, 2015 |
| D-NY | Kathleen M. Rice | Original | Mar 4, 2015 |
| D-FL | Kathy Castor | Original | Mar 4, 2015 |
| D-MN | Keith Ellison | Original | Mar 4, 2015 |
| D-CA | Linda T. Sánchez | Original | Mar 4, 2015 |
| D-CA | Lois Capps | Original | Mar 4, 2015 |
| D-FL | Lois Frankel | Original | Mar 4, 2015 |
| D-CA | Loretta Sanchez | Original | Mar 4, 2015 |
| D-NY | Louise McIntosh Slaughter | Original | Mar 4, 2015 |
| D-CA | Lucille Roybal-Allard | Original | Mar 4, 2015 |
| D-IL | Luis V. Gutierrez | Original | Mar 4, 2015 |
| D-TX | Marc A. Veasey | Original | Mar 4, 2015 |
| D-OH | Marcia L. Fudge | Original | Mar 4, 2015 |
| D-OH | Marcy Kaptur | Original | Mar 4, 2015 |
| D-WI | Mark Pocan | Original | Mar 4, 2015 |
| D-CA | Mark Takano | Original | Mar 4, 2015 |
| D-PA | Matt Cartwright | Original | Mar 4, 2015 |
| D-CA | Maxine Waters | Original | Mar 4, 2015 |
| D-MA | Michael E. Capuano | Original | Mar 4, 2015 |
| D-PA | Michael F. Doyle | Original | Mar 4, 2015 |
| D-CA | Michael M. Honda | Original | Mar 4, 2015 |
| D-NM | Michelle Lujan Grisham | Original | Mar 4, 2015 |
| D-CA | Mike Thompson | Original | Mar 4, 2015 |
| D-CA | Nancy Pelosi | Original | Mar 4, 2015 |
| D-MA | Niki Tsongas | Original | Mar 4, 2015 |
| D-CA | Norma J. Torres | Original | Mar 4, 2015 |
| D-FL | Patrick Murphy | Original | Mar 4, 2015 |
| D-NY | Paul Tonko | Original | Mar 4, 2015 |
| D-PR | Pedro R. Pierluisi | Original | Mar 4, 2015 |
| D-OR | Peter A. DeFazio | Original | Mar 4, 2015 |
| D-VT | Peter Welch | Original | Mar 4, 2015 |
| D-AZ | Raúl M. Grijalva | Original | Mar 4, 2015 |
| D-CA | Raul Ruiz | Original | Mar 4, 2015 |
| D-MA | Richard E. Neal | Original | Mar 4, 2015 |
| D-MN | Richard M. Nolan | Original | Mar 4, 2015 |
| D-WA | Rick Larsen | Original | Mar 4, 2015 |
| D-PA | Robert A. Brady | Original | Mar 4, 2015 |
| D-VA | Robert C. "Bobby" Scott | Original | Mar 4, 2015 |
| D-IL | Robin L. Kelly | Original | Mar 4, 2015 |
| D-WI | Ron Kind | Original | Mar 4, 2015 |
| D-CT | Rosa L. DeLauro | Original | Mar 4, 2015 |
| D-AZ | Ruben Gallego | Original | Mar 4, 2015 |
| D-TX | Ruben Hinojosa | Original | Mar 4, 2015 |
| D-CA | Sam Farr | Original | Mar 4, 2015 |
| D-MI | Sander M. Levin | Original | Mar 4, 2015 |
| D-GA | Sanford D. Bishop, Jr. | Original | Mar 4, 2015 |
| D-TX | Sheila Jackson Lee | Original | Mar 4, 2015 |
| D-MD | Steny H. Hoyer | Original | Mar 4, 2015 |
| D-MA | Stephen F. Lynch | Original | Mar 4, 2015 |
| D-TN | Steve Cohen | Original | Mar 4, 2015 |
| D-NY | Steve Israel | Original | Mar 4, 2015 |
| D-CA | Susan A. Davis | Original | Mar 4, 2015 |
| D-WA | Suzan K. DelBene | Original | Mar 4, 2015 |
| D-AL | Terri A. Sewell | Original | Mar 4, 2015 |
| D-FL | Theodore E. Deutch | Original | Mar 4, 2015 |
| D-OH | Tim Ryan | Original | Mar 4, 2015 |
| D-CA | Tony Cárdenas | Original | Mar 4, 2015 |
| D-MO | Wm. Lacy Clay | Original | Mar 4, 2015 |
| D-CA | Xavier Becerra | Original | Mar 4, 2015 |
| D-NY | Yvette D. Clarke | Original | Mar 4, 2015 |
| D-NY | Nydia M. Velázquez | Mar 3, 2016 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Mar 4, 2015 |
Actions 2
Everything that happened, newest first.
- Mar 4, 2015Introduced in House
- Mar 4, 2015Referred to the House Committee on Ways and Means.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 161, no. 37, March 4, 2015, page H1615.
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 699 | American Opportunity Tax Credit Permanence and Consolidation Act of 2015 | Related bill | Mar 10, 2015 |
| HR 5383 | Middle Class College Tuition Tax Credit Expansion Act of 2016 | Related bill | Jun 3, 2016 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Internal Revenue Code of 1986 to extend and modify the American Opportunity Tax Credit, and for other purposes.
- Short Titles as Introduced
- American Opportunity Tax Credit Act of 2015
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Mar 4, 2015Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.