H.R.4912: Affordable College Tuition Act of 2004

About This Bill

  • This bill was introduced in the 108th Congress
  • This bill is primarily about taxation
  • Introduced July 22, 2004
  • Latest Major Action July 22, 2004

Bill Summary

Affordable College Tuition Act of 2004 - Amends the Internal Revenue Code to revise the Hope Scholarship Tax Credit to allow a credit for 50 percent of higher education expenses without dollar limitation. Eliminates: (1) the two-year limitation on the credit; (2) the denial of the credit for students convicted of a felony drug offense; and (3) the modified adjusted gross income limitation on the credit.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
July 22, 2004

Introduced in the House by Gary L. Ackerman (D-N.Y.)

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