American College Tuition Tax Relief Act of 2012

American College Tuition Tax Relief Act of 2012 - Amends the Internal Revenue Code to extend through 2015 the tax deduction for qualified tuition and related expenses.

[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4038 Introduced in House (IH)]

112th CONGRESS
  2d Session
                                H. R. 4038

    To amend the Internal Revenue Code of 1986 to provide a 4-year 
      extension of the deduction for tuition and related expenses.


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                    IN THE HOUSE OF REPRESENTATIVES

                           February 15, 2012

 Mr. Ackerman (for himself, Mr. Hinchey, Mr. Nadler, Mr. McGovern, Ms. 
Waters, Mr. Cicilline, and Mr. Ellison) introduced the following bill; 
         which was referred to the Committee on Ways and Means

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                                 A BILL


 
    To amend the Internal Revenue Code of 1986 to provide a 4-year 
      extension of the deduction for tuition and related expenses.

    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 ``American College Tuition Tax Relief 
Act of 2012''.

SEC. 2. 4-YEAR EXTENSION OF SECTION 222 DEDUCTION FOR QUALIFIED TUITION 
              AND RELATED EXPENSES.

    (a) In General.--Subsection (e) of section 222 of the Internal 
Revenue Code of 1986 (relating to qualified tuition and related 
expenses) is amended by striking ``December 31, 2011'' and inserting 
``December 31, 2015''.
    (b) Effective Date.--The amendment made by this section shall apply 
to taxable years beginning after December 31, 2011.
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