Education Tax Fraud Prevention Act

Education Tax Fraud Prevention Act - Amends the Internal Revenue Code to require: (1) individuals who claim a tax credit for qualified tuition and related expenses under the Hope Scholarship or the Lifetime Learning tax credit to include their social security numbers on their tax returns, and (2) the educational institutions of such individuals to provide their employer identification numbers.

[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[S. 2702 Introduced in Senate (IS)]

113th CONGRESS
  2d Session
                                S. 2702

   To amend the Internal Revenue Code of 1986 to require the social 
 security number of the student and the employer identification number 
 of the educational institution for purposes of education tax credits.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             July 30, 2014

  Mr. Vitter introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
   To amend the Internal Revenue Code of 1986 to require the social 
 security number of the student and the employer identification number 
 of the educational institution for purposes of education tax credits.

    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 ``Education Tax Fraud Prevention 
Act''.

SEC. 2. SOCIAL SECURITY NUMBER AND EMPLOYER IDENTIFICATION NUMBER 
              REQUIRED FOR EDUCATION TAX CREDITS.

    (a) In General.--Paragraph (1) of section 25A(g) of the Internal 
Revenue Code of 1986 is amended--
            (1) by striking ``taxpayer identification number'' and 
        inserting ``social security number'', and
            (2) by inserting ``, and the employer identification number 
        of any institution to which qualified tuition and related 
        expenses were paid with respect to such individual,'' after 
        ``such individual''.
    (b) Omission Treated as Mathematical or Clerical Error.--
Subparagraph (J) of section 6213(g)(2) of such Code is amended by 
striking ``TIN'' and inserting ``social security number and employer 
identification number''.
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2014.
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