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Bill113th CongressFiled Oct 30, 2013Taxation
H.R. 3393

Student and Family Tax Simplification Act

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Under committee review

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What it doesSummary passed house amended (Jul 24, 2014)

Title I: Student and Family Tax Simplification Act - Student and Family Tax Simplification Act - (Sec. 102) Amends the Internal Revenue Code to provide for an American Opportunity Tax Credit, in lieu of the current Hope Scholarship and Lifetime Learning tax credits and the tax deduction for qualified tuition and related expenses, that provides for each eligible student (i.e., a student who meets certain requirements of the Higher Education Act of 1965 and who is carrying at least 1/2 the normal full-time course load) a credit of 100% of up to $2,000 of qualified tuition and related expenses (i.e., tuition, fees, and course materials, excluding expenses for courses involving sports, games, or hobbies or for expenses unrelated to academic instruction), plus 25% of so much of such expenses as exceeds $2,000, but not more than $4,000. Makes up to $1,500 of such credit refundable. Modifies the phaseout of such credit based on taxpayer modified adjusted gross income by increasing the income level for such phaseout. Allows an inflation adjustment to credit and phaseout amounts for taxable years beginning after 2018.

Eliminates the disallowance of the credit for students who have been convicted of a felony drug offense.

Requires a taxpayer claiming such credit to include on the his or her tax return the employer identification number of the educational institution to which qualified tuition and related expenses were paid.

(Sec. 103) Excludes from gross income, for income tax purposes, amounts received as a Federal Pell Grant in taxable years beginning after 2014.

(Sec. 104) Prohibits the entry of the budgetary effects of this Act on any PAYGO (pay-as-you-go) scorecard.

Title II: Child Tax Credit Improvement Act - Child Tax Credit Improvement Act of 2014 - (Sec. 202) Amends the Internal Revenue Code, with respect to the child tax credit, to: (1) increase from $110,00 to $150,000 ($75,000 for individual taxpayers and married taxpayers filing separately) the threshold amount applicable to married couples filing joint tax returns above which such tax credit is reduced, and (2) allow an inflation adjustment to the threshold amounts and the $1,000 credit amount beginning after 2014.

(Sec. 203) Requires taxpayers to include their social security numbers on their tax returns to claim the refundable portion of the child tax credit.

(Sec. 204) Prohibits the entry of the budgetary effects of this Act on any PAYGO (pay-as-you-go) scorecard.

What just happenedJul 29, 2014

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 493.

Who’s behind it

Rep. Black, Diane [R-TN-6](R-TN)Sponsor
1 cosponsor1 D
Read on Congress.gov
1cosponsors1committees22actions1amendments9related bills5subjects
  • Placed on Calendar SenateJul 29, 2014
  • Engrossed in HouseJul 24, 2014
  • Reported in HouseJul 17, 2014
  • Introduced in HouseOct 30, 2013
  1. Jul 29, 2014Calendars

    Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 493.

  2. Jul 28, 2014Calendars

    Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.

  3. Jul 24, 2014FloorH38310

    Motion to reconsider laid on the table Agreed to without objection.

  4. Jul 24, 2014FloorH37100

    On passage Passed by the Yeas and Nays: 227 - 187 (Roll no. 449).

  5. Jul 24, 2014Floor8000

    Passed/agreed to in House: On passage Passed by the Yeas and Nays: 227 - 187 (Roll no. 449).

  6. Jul 24, 2014FloorH36110

    On motion to recommit with instructions Failed by the Yeas and Nays: 195 - 219 (Roll no. 448).

  7. Jul 24, 2014FloorH8A000

    The previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H6790)

  8. Jul 24, 2014FloorH8D000

    DEBATE - The House proceeded with 10 minutes of debate on the Sinema motion to recommit with instructions, pending reservation of a point of order. Subsequently, the point of order was withdrawn. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to require the Secretary of the Treasury to provide a table for student loan borrowers in any publication related to the underlying bill. That table shall illustrate their current monthly payments for higher education loans and the amount that they would pay for that same loan had they been able to benefit from the lower interest rates that would go into effect if H.R. 4582, Bank on Students Emergency Loan Refinancing Act, were passed.

  9. Jul 24, 2014FloorH36100

    Ms. Sinema moved to recommit with instructions to the Committee on Ways and Means. (consideration: CR H6789-6790; text: CR H6789)

  10. Jul 24, 2014FloorH35000

    The previous question was ordered pursuant to the rule. (consideration: CR H6789)

  11. Jul 24, 2014FloorH8D000

    DEBATE - The House proceeded with one hour of debate on H.R. 3393.

  12. Jul 24, 2014FloorH8D000

    The rule provides for the consideration of H.R. 3393 and H.R. 4935 under a closed rule.

  13. Jul 24, 2014FloorH30000

    Considered under the provisions of rule H. Res. 680. (consideration: CR H6779-6791; text of amendment in the nature of a substitute: CR H6779-6780)

  14. Jul 23, 2014FloorH1L210

    Rules Committee Resolution H. Res. 680 Reported to House. The rule provides for the consideration of H.R. 3393 and H.R. 4935 under a closed rules.

  15. Jul 17, 2014CalendarsH12410

    Placed on the Union Calendar, Calendar No. 392.

  16. Jul 17, 2014CommitteeH12200

    Reported (Amended) by the Committee on Ways and Means. H. Rept. 113-526.

  17. Jul 17, 2014Committee5000

    Reported (Amended) by the Committee on Ways and Means. H. Rept. 113-526.

  18. Jun 25, 2014Committee

    Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 22 - 13.

  19. Jun 25, 2014Committee

    Committee Consideration and Mark-up Session Held.

  20. Oct 30, 2013IntroReferralH11100

    Referred to the House Committee on Ways and Means.

  21. Oct 30, 2013IntroReferralIntro-H

    Introduced in House

  22. Oct 30, 2013IntroReferral1000

    Introduced in House

Passed House amendedJul 24, 201436

Title I: Student and Family Tax Simplification Act - Student and Family Tax Simplification Act - (Sec. 102) Amends the Internal Revenue Code to provide for an American Opportunity Tax Credit, in lieu of the current Hope Scholarship and Lifetime Learning tax credits and the tax deduction for qualified tuition and related expenses, that provides for each eligible student (i.e., a student who meets certain requirements of the Higher Education Act of 1965 and who is carrying at least 1/2 the normal full-time course load) a credit of 100% of up to $2,000 of qualified tuition and related expenses (i.e., tuition, fees, and course materials, excluding expenses for courses involving sports, games, or hobbies or for expenses unrelated to academic instruction), plus 25% of so much of such expenses as exceeds $2,000, but not more than $4,000. Makes up to $1,500 of such credit refundable. Modifies the phaseout of such credit based on taxpayer modified adjusted gross income by increasing the income level for such phaseout. Allows an inflation adjustment to credit and phaseout amounts for taxable years beginning after 2018.

Eliminates the disallowance of the credit for students who have been convicted of a felony drug offense.

Requires a taxpayer claiming such credit to include on the his or her tax return the employer identification number of the educational institution to which qualified tuition and related expenses were paid.

(Sec. 103) Excludes from gross income, for income tax purposes, amounts received as a Federal Pell Grant in taxable years beginning after 2014.

(Sec. 104) Prohibits the entry of the budgetary effects of this Act on any PAYGO (pay-as-you-go) scorecard.

Title II: Child Tax Credit Improvement Act - Child Tax Credit Improvement Act of 2014 - (Sec. 202) Amends the Internal Revenue Code, with respect to the child tax credit, to: (1) increase from $110,00 to $150,000 ($75,000 for individual taxpayers and married taxpayers filing separately) the threshold amount applicable to married couples filing joint tax returns above which such tax credit is reduced, and (2) allow an inflation adjustment to the threshold amounts and the $1,000 credit amount beginning after 2014.

(Sec. 203) Requires taxpayers to include their social security numbers on their tax returns to claim the refundable portion of the child tax credit.

(Sec. 204) Prohibits the entry of the budgetary effects of this Act on any PAYGO (pay-as-you-go) scorecard.

Reported to House with amendment(s)Jul 17, 201417

Student and Family Tax Simplification Act - Amends the Internal Revenue Code to provide for an American Opportunity Tax Credit, in lieu of the current Hope Scholarship and Lifetime Learning tax credits and the tax deduction for qualified tuition and related expenses, that provides for each eligible student (i.e., a student who meets certain requirements of the Higher Education Act of 1965 and who is carrying at least 1/2 the normal full-time course load) a credit of 100% of up to $2,000 of qualified tuition and related expenses (i.e., tuition, fees, and course materials, excluding expenses for courses involving sports, games, or hobbies or for expenses unrelated to academic instruction), plus 25% of so much of such expenses as exceeds $2,000, but not more than $4,000. Makes up to $1,500 of such credit refundable. Modifies the phaseout of such credit based on taxpayer modified adjusted gross income by increasing the income level for such phaseout. Allows an inflation adjustment to credit and phaseout amounts for taxable years beginning after 2018.

Eliminates the disallowance of the credit for students who have been convicted of a felony drug offense.

Requires a taxpayer claiming such credit to include on the taxpayer's tax return the employer identification number of the educational institution to which qualified tuition and related expenses were paid.

Excludes from gross income, for income tax purposes, amounts received as a Federal Pell Grant in taxable years beginning after 2014.

Introduced in HouseOct 30, 2013

Student and Family Tax Simplification Act - Amends the Internal Revenue Code to provide for an American Opportunity Tax Credit, in lieu of the current Hope Scholarship and Lifetime Learning tax credits and the tax deduction for qualified tuition and related expenses, that provides for a credit of 100% of qualified tuition and related expenses (i.e., tuition, fees, and course materials) up to $2,000, plus 25% of such expenses as exceeds $2,000 but not more than $4,000. Reduces the allowable amount of such credit based upon the taxpayer's modified adjusted gross income. Allows an exclusion from gross income for amounts received as a Federal Pell Grant.

Student and Family Tax Simplification Act — Informed