HR 3630 IH
110th CONGRESS
1st Session
H. R. 3630
To amend the Internal Revenue Code of 1986 to extend certain expiring provisions relating to education.
IN THE HOUSE OF REPRESENTATIVES
September 20, 2007
Mr. SPACE introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to extend certain expiring provisions relating to education.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
SEC. 2. EXTENSION OF DEDUCTION FOR CERTAIN EXPENSES OF ELEMENTARY AND SECONDARY SCHOOL TEACHERS.
(a) In General- Subparagraph (D) of section 62(a)(2) of the Internal Revenue Code of 1986 (relating to certain expenses of elementary and secondary school teachers) is amended by striking `during 2002, 2003, 2004, 2005, 2006, or 2007' and inserting `before 2012'.
(b) Effective Date- The amendment made by this section shall apply to taxable years beginning after December 31, 2007.
SEC. 3. ENHANCED CHARITABLE DEDUCTION FOR CONTRIBUTIONS OF BOOK INVENTORY TO PUBLIC SCHOOLS.
(a) In General- Clause (iv) of section 170(e)(3)(D) of the Internal Revenue Code of 1986 (relating to termination) is amended by striking `December 31, 2007' and inserting `December 31, 2011'.
(b) Effective Date- The amendment made by this section shall apply to contributions made after December 31, 2007.
SEC. 4. ENHANCED DEDUCTION FOR QUALIFIED COMPUTER CONTRIBUTIONS.
(a) In General- Subparagraph (G) of section 170(e)(6) of the Internal Revenue Code of 1986 (relating to termination) is amended by striking `December 31, 2007' and inserting `December 31, 2011'.
(b) Effective Date- The amendment made by this section shall apply to contributions made during taxable years beginning after December 31, 2007.
SEC. 5. CREDIT TO HOLDERS OF QUALIFIED ZONE ACADEMY BONDS.
(a) In General- Subsection (e) of section 1397E of the Internal Revenue Code of 1986 (relating to limitation on amount of bonds designated) is amended by striking `1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, and 2007' and inserting `each of calendar years 1998 through 2011'.
(b) Effective Date- The amendment made by this section shall apply to obligations issued after December 31, 2007.
SEC. 6. DEDUCTION OF QUALIFIED TUITION AND RELATED EXPENSES.
(a) In General- Subsection (e) of section 222 of the Internal Revenue Code of 1986 (relating to termination) is amended by striking `December 31, 2007' and inserting `December 31, 2011'.
(b) Effective Date- The amendment made by this section shall apply to taxable years beginning after December 31, 2007.
U.S. Congress - Text of H.R.3630 as Introduced in House Enhancing Education through Tax Relief Act of 2007
