U.S. Congress - H.R.3483 Universal College Credit Act
H.R.3483 - Universal College Credit Act
To amend the Internal Revenue Code of 1986 to allow a credit against tax for qualified tuition and related expenses. view all titles (2)
All Bill Titles
- Short: Universal College Credit Act as introduced.
- Official: To amend the Internal Revenue Code of 1986 to allow a credit against tax for qualified tuition and related expenses. as introduced.
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Official Summary
9/6/2007--Introduced.Universal College Credit Act - Amends the Internal Revenue Code to allow a tax credit up to $4,000 annually for the qualified tuition and related expenses of an individual taxpayer, a taxpayer's spouse, and dependents. Allows such credit for four years of undergraOfficial Summary
9/6/2007--Introduced.Universal College Credit Act - Amends the Internal Revenue Code to allow a tax credit up to $4,000 annually for the qualified tuition and related expenses of an individual taxpayer, a taxpayer's spouse, and dependents. Allows such credit for four years of undergraduate education expenses and six years of graduate or professional education expenses. Excludes expenses for courses involving sports, games, or hobbies (unless part of a degree program) and expenses unrelated to an academic program (e.g., student activity fees, athletic fees, or insurance fees).
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Recent Blog Coverage
October 27 Pre-Market Update
A summary of the proposed legislation is worth noting: HR 3483; To amend the Federal securities laws to enhance oversight over certain derivatives dealers and hedge funds, reduce the potential for such entities to increase systemic risk ...
Bill Action: Introduced: HR 3483: To amend the Internal Revenue ...
Rep. Leonard Boswell [D-IA] introduced HR 3483: To amend the Internal Revenue Code of 1986 to allow a credit against tax for qualified tuition and related expenses. [This event matched these trackers: Introduced Legislation ]
HR 3483, To amend the Internal Revenue Code of 1986 to allow a ...
HR 3483 would amend the Internal Revenue Code of 1986 to allow a credit against tax for qualified tuition and related expenses....
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