S. 2465 · 117th Congress · Senate

American Opportunity Tax Credit Enhancement Act of 2021

Active· Read twice and referred to the Committee on Finance.
Introduced
Jul 22, 21
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

American Opportunity Tax Credit Enhancement Act of 2021

This bill modifies the American Opportunity and Lifetime Learning tax credits to make the American Opportunity tax credit 100% refundable. It also modifies the provision denying the American Opportunity tax credit to students convicted of a federal or state felony relating to the possession or distribution of a controlled substance. Students may not be denied such credit unless the prison term for the drug offense is at least 15 years.

Action Timeline

2
  1. JUL 22, 2021IntroReferral

    Introduced in Senate

  2. JUL 22, 2021IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

1

Finance Committee

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Referred: Jul 22, 2021

Active