HR 1260 · 114th Congress 2015–2017, ended

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.

  1. IntroducedMar 4, 2015
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. 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.

SeatCosponsorSigned on
D-CAAdam B. SchiffOriginalMar 4, 2015
D-TXAl GreenOriginalMar 4, 2015
D-CAAlan S. LowenthalOriginalMar 4, 2015
D-NJAlbio SiresOriginalMar 4, 2015
D-FLAlcee L. HastingsOriginalMar 4, 2015
D-INAndré CarsonOriginalMar 4, 2015
D-NHAnn M. KusterOriginalMar 4, 2015
D-CABarbara LeeOriginalMar 4, 2015
D-NMBen Ray LujánOriginalMar 4, 2015
D-MSBennie G. ThompsonOriginalMar 4, 2015
D-MNBetty McCollumOriginalMar 4, 2015
D-NJBill Pascrell, Jr.OriginalMar 4, 2015
D-ILBobby L. RushOriginalMar 4, 2015
D-NJBonnie Watson ColemanOriginalMar 4, 2015
D-CABrad ShermanOriginalMar 4, 2015
D-NYBrian HigginsOriginalMar 4, 2015
D-MDC. A. Dutch RuppersbergerOriginalMar 4, 2015
D-NYCarolyn B. MaloneyOriginalMar 4, 2015
D-LACedric L. RichmondOriginalMar 4, 2015
D-PAChaka FattahOriginalMar 4, 2015
D-NYCharles B. RangelOriginalMar 4, 2015
D-MEChellie PingreeOriginalMar 4, 2015
D-ILCheri BustosOriginalMar 4, 2015
D-MDChris Van HollenOriginalMar 4, 2015
D-FLCorrine BrownOriginalMar 4, 2015
D-MIDaniel T. KildeeOriginalMar 4, 2015
D-NCDavid E. PriceOriginalMar 4, 2015
D-IADavid LoebsackOriginalMar 4, 2015
D-RIDavid N. CicillineOriginalMar 4, 2015
D-GADavid ScottOriginalMar 4, 2015
D-MIDebbie DingellOriginalMar 4, 2015
D-WADenny HeckOriginalMar 4, 2015
D-WADerek KilmerOriginalMar 4, 2015
D-CODiana DeGetteOriginalMar 4, 2015
D-NVDina TitusOriginalMar 4, 2015
D-NJDonald M. Payne, Jr.OriginalMar 4, 2015
D-NJDonald NorcrossOriginalMar 4, 2015
D-VADonald S. Beyer, Jr.OriginalMar 4, 2015
D-MDDonna F. EdwardsOriginalMar 4, 2015
D-CADoris O. MatsuiOriginalMar 4, 2015
D-OREarl BlumenauerOriginalMar 4, 2015
D-COEd PerlmutterOriginalMar 4, 2015
D-TXEddie Bernice JohnsonOriginalMar 4, 2015
D-DCEleanor Holmes NortonOriginalMar 4, 2015
D-MDElijah E. CummingsOriginalMar 4, 2015
D-NYEliot L. EngelOriginalMar 4, 2015
D-CTElizabeth H. EstyOriginalMar 4, 2015
D-MOEmanuel CleaverOriginalMar 4, 2015
D-CAEric SwalwellOriginalMar 4, 2015
D-TXFilemon VelaOriginalMar 4, 2015
D-NJFrank Pallone, Jr.OriginalMar 4, 2015
D-FLFrederica S. WilsonOriginalMar 4, 2015
D-NCG. K. ButterfieldOriginalMar 4, 2015
D-TXGene GreenOriginalMar 4, 2015
D-VAGerald E. ConnollyOriginalMar 4, 2015
D-CAGrace F. NapolitanoOriginalMar 4, 2015
D-NYGrace MengOriginalMar 4, 2015
D-NYGregory W. MeeksOriginalMar 4, 2015
D-WIGwen MooreOriginalMar 4, 2015
D-NYHakeem S. JeffriesOriginalMar 4, 2015
D-GAHenry C. "Hank" Johnson, Jr.OriginalMar 4, 2015
D-TXHenry CuellarOriginalMar 4, 2015
D-CAJackie SpeierOriginalMar 4, 2015
D-SCJames E. ClyburnOriginalMar 4, 2015
D-MAJames P. McGovernOriginalMar 4, 2015
D-RIJames R. LangevinOriginalMar 4, 2015
D-ILJanice D. SchakowskyOriginalMar 4, 2015
D-CAJanice HahnOriginalMar 4, 2015
D-NYJerrold NadlerOriginalMar 4, 2015
D-WAJim McDermottOriginalMar 4, 2015
D-TXJoaquin CastroOriginalMar 4, 2015
D-CTJoe CourtneyOriginalMar 4, 2015
D-KYJohn A. YarmuthOriginalMar 4, 2015
D-CTJohn B. LarsonOriginalMar 4, 2015
D-MIJohn Conyers, Jr.OriginalMar 4, 2015
D-CAJohn GaramendiOriginalMar 4, 2015
D-MDJohn K. DelaneyOriginalMar 4, 2015
D-GAJohn LewisOriginalMar 4, 2015
D-MDJohn P. SarbanesOriginalMar 4, 2015
D-NYJose E. SerranoOriginalMar 4, 2015
D-NYJoseph CrowleyOriginalMar 4, 2015
D-MAJoseph P. Kennedy IIIOriginalMar 4, 2015
D-CAJuan VargasOriginalMar 4, 2015
D-CAJudy ChuOriginalMar 4, 2015
D-CAJulia BrownleyOriginalMar 4, 2015
D-CAKaren BassOriginalMar 4, 2015
D-NYKathleen M. RiceOriginalMar 4, 2015
D-FLKathy CastorOriginalMar 4, 2015
D-MNKeith EllisonOriginalMar 4, 2015
D-CALinda T. SánchezOriginalMar 4, 2015
D-CALois CappsOriginalMar 4, 2015
D-FLLois FrankelOriginalMar 4, 2015
D-CALoretta SanchezOriginalMar 4, 2015
D-NYLouise McIntosh SlaughterOriginalMar 4, 2015
D-CALucille Roybal-AllardOriginalMar 4, 2015
D-ILLuis V. GutierrezOriginalMar 4, 2015
D-TXMarc A. VeaseyOriginalMar 4, 2015
D-OHMarcia L. FudgeOriginalMar 4, 2015
D-OHMarcy KapturOriginalMar 4, 2015
D-WIMark PocanOriginalMar 4, 2015
D-CAMark TakanoOriginalMar 4, 2015
D-PAMatt CartwrightOriginalMar 4, 2015
D-CAMaxine WatersOriginalMar 4, 2015
D-MAMichael E. CapuanoOriginalMar 4, 2015
D-PAMichael F. DoyleOriginalMar 4, 2015
D-CAMichael M. HondaOriginalMar 4, 2015
D-NMMichelle Lujan GrishamOriginalMar 4, 2015
D-CAMike ThompsonOriginalMar 4, 2015
D-CANancy PelosiOriginalMar 4, 2015
D-MANiki TsongasOriginalMar 4, 2015
D-CANorma J. TorresOriginalMar 4, 2015
D-FLPatrick MurphyOriginalMar 4, 2015
D-NYPaul TonkoOriginalMar 4, 2015
D-PRPedro R. PierluisiOriginalMar 4, 2015
D-ORPeter A. DeFazioOriginalMar 4, 2015
D-VTPeter WelchOriginalMar 4, 2015
D-AZRaúl M. GrijalvaOriginalMar 4, 2015
D-CARaul RuizOriginalMar 4, 2015
D-MARichard E. NealOriginalMar 4, 2015
D-MNRichard M. NolanOriginalMar 4, 2015
D-WARick LarsenOriginalMar 4, 2015
D-PARobert A. BradyOriginalMar 4, 2015
D-VARobert C. "Bobby" ScottOriginalMar 4, 2015
D-ILRobin L. KellyOriginalMar 4, 2015
D-WIRon KindOriginalMar 4, 2015
D-CTRosa L. DeLauroOriginalMar 4, 2015
D-AZRuben GallegoOriginalMar 4, 2015
D-TXRuben HinojosaOriginalMar 4, 2015
D-CASam FarrOriginalMar 4, 2015
D-MISander M. LevinOriginalMar 4, 2015
D-GASanford D. Bishop, Jr.OriginalMar 4, 2015
D-TXSheila Jackson LeeOriginalMar 4, 2015
D-MDSteny H. HoyerOriginalMar 4, 2015
D-MAStephen F. LynchOriginalMar 4, 2015
D-TNSteve CohenOriginalMar 4, 2015
D-NYSteve IsraelOriginalMar 4, 2015
D-CASusan A. DavisOriginalMar 4, 2015
D-WASuzan K. DelBeneOriginalMar 4, 2015
D-ALTerri A. SewellOriginalMar 4, 2015
D-FLTheodore E. DeutchOriginalMar 4, 2015
D-OHTim RyanOriginalMar 4, 2015
D-CATony CárdenasOriginalMar 4, 2015
D-MOWm. Lacy ClayOriginalMar 4, 2015
D-CAXavier BecerraOriginalMar 4, 2015
D-NYYvette D. ClarkeOriginalMar 4, 2015
D-NYNydia M. VelázquezMar 3, 2016

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseWays and Means Committee
Referred Mar 4, 2015

Actions 2

Everything that happened, newest first.

  1. Mar 4, 2015Introduced in House
  2. 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

Congress has the power to enact this legislation pursuant to the following: Article One, Section 8 and the 16th Amendment of the Constitution.

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.

BillTitleRelationshipLatest action
S 699American Opportunity Tax Credit Permanence and Consolidation Act of 2015Related billMar 10, 2015
HR 5383Middle Class College Tuition Tax Credit Expansion Act of 2016Related billJun 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.

  1. Mar 4, 2015Introduced in House

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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.