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- H.R.5381
H.R.5381: College Preparation Tax Credit Act of 2016
About This Bill
- Introduced June 3, 2016
- Latest Major Action June 3, 2016
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
College Preparation Tax Credit Act of 2016 This bill amends the Internal Revenue Code to allow an individual taxpayer a tax credit for up to $500 of qualified college preparation expenses. An individual may use the credit for up to three years for qualified college preparation expenses that include: the fees required for taking any Advanced Placement or International Baccalaureate exam, the SAT, the ACT, or any SAT subject test; expenses...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| June 3, 2016 |
Referred to the House Committee on Ways and Means.
|
| June 3, 2016 |
Introduced in the House by Steve Israel (D-N.Y.) |