Senate Bill 2819
116th Congress(2019-2020)
Lifetime Learning Credit Enhancement Act
Introduced
Introduced in Senate on Nov 7, 2019
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2819
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No Senate votes have been held for this bill.
Summary
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.
November 7, 2019
11/07/2019
Read twice and referred to the Committee on Finance.
11/07/2019
Introduced in Senate
Public Record
Record Updated
Nov 1, 2022 5:02:35 AM