College Tax Cut Extension Act of 2012

College Tax Cut Extension Act of 2012 - Amends the Internal Revenue Code to extend through 2016 the American Opportunity Tax Credit (the increased tax credit for educational expenses).

[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3865 Introduced in House (IH)]

112th CONGRESS
  2d Session
                                H. R. 3865

   To amend the Internal Revenue Code of 1986 to extend the American 
                        Opportunity Tax Credit.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            February 1, 2012

Mr. Braley of Iowa 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 the American 
                        Opportunity Tax Credit.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``College Tax Cut Extension Act of 
2012''.

SEC. 2. EXTENSION OF AMERICAN OPPORTUNITY TAX CREDIT.

    (a) In General.--Subsection (i) of section 25A of the Internal 
Revenue Code of 1986 is amended by striking ``in 2009, 2010, 2011, or 
2012'' and inserting ``after 2008 and before 2017''.
    (b) Effective Date.--The amendment made by subsection (a) shall 
apply to taxable years beginning after 2012.
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