,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #aah  ,,9 ,,! ,,h\se ,,(            
,,repres5tatives  ,janu>y #c1 #bjac ,mr4
 ,holt 7= himself1 ,mr4 ,hanna1 & ,mr4  
,honda7 introduc$ ! foll[+ bill2 :i* 0  
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to am5d ! ,int]nal ,rev5ue
 ,code ( #aihf to enc\rage tea*]s to    
pursue tea*+ sci5ce1 te*nology1 eng9e]+1
 & ma? subjects at elem5t>y & second>y  
s*ools4  #a4 ,%ort title ,?is ,act may  
be cit$ z ! ,national ,,/em ,education  
,tax ,inc5tive = ,tea*]s ,act ( #bjac4  
#b4 ,refundable cr$it = portion (       
tuition paid = und]graduate education ( 
c]ta9 tea*]s  7a7 ,9 ,g5]al ,subp>t ,c (
 "p ,,iv ( sub*apt] ,a ( *apt] #a ( !   
,int]nal ,rev5ue ,code ( #aihf 7relat+  
to refundable cr$its7 is am5d$ by ins]t+
 aft] section #cf;,c ! foll[+ new       
section3  #cf;,d4 ,tuition =            
und]graduate education ( c]ta9 tea*]s   
7a7 ,9 ,g5]al ,9 ! case ( an individual 
:o is an eligible tea*] = ! taxable ye>1
 !re %all be all[$ z a cr$it aga9/ ! tax

 impos$ by ?is subtitle an am\nt equal  
to #aj p]c5t ( qualifi$ und]graduate    
tuition paid by su* individual4  7b7    
,limitations  7#a7 ,doll> am\nt ,! cr$it
 all[$ by ?is section = any taxable ye> 
%all n exce$ #a1jjj4  7#b7 ,tea*]s 9    
high-ne$s s*ools di/ricts ,9 ! case ( "o
 ( ! fir/ #e taxable ye>s 9 :i* a tea*] 
is an eligible tea*] :o tea*es 9 an     
elem5t>y s*ool or a second>y s*ool 7z ^?
 t]ms are def9$ 9 section #iaja ( !     
,elem5t>y & ,second>y ,education ,act ( 
#aife 7#bj ,u4,s4,c4 #ghja77 receiv+    
funds "u "p ,a ( title ,i ( su* ,act    
7#bj ,u4,s4,c4 #fcaa et seq471          
subp>agraph 7,a7 %all be appli$ by      
sub/itut+ #a1ejj = #a1jjj4  7#c7 ,cr$it 
all[$ only = #aj ye>s ,no cr$it %all be 
all[$ "u ?is section = any taxable ye>  
aft] ! #aj? taxable ye> = :i* cr$it is  
all[$ "u ?is section4  7c7 ,eligible    
,tea*] ,= purposes ( ?is section--  7#a7
 ,9 g5]al ,! t]m eligible tea*] means1 )
 respect to a taxable ye>1 any          
individual--  7,a7 :o is a full-"t      

tea*]1 includ+ a full-"t sub/itute      
tea*]1 9 any ( grades k9d]g>t5 ?r\gh    
#ab? grade = ! academic ye> end+ 9 su*  
taxable ye>1  7,b7 7i7 :o tea*es        
prim>ily ma?1 sci5ce1 eng9e]+1 or       
te*nology c\rses 9 "o or m ( grades #i  
?r\gh #ab dur+ su* academic ye>1 or     
7ii7 :o tea*es ma?1 sci5ce1 eng9e]+1 or 
te*nology c\rses 9 "o or m ( grades     
k9d]g>t5 ?r\gh #h dur+ su* academic ye>1
  7,c7 :o1 9 ! case t su* individual is 
a middle or second>y s*ool tea*]1       
receiv$ a baccalaureate or simil> degree
 ) a major 9 ma!matics1 sci5ce1 eng9e]+1
 or te*nology f an in/itution ( high]   
education1 &  7,d7 :o is highly qualifi$
 7z def9$ 9 section #iaja7bc7 ( !       
,elem5t>y & ,second>y ,education ,act ( 
#aife74  7#b7 ,special rule =           
adm9i/rative p]sonnel ,s*ool            
adm9i/rative functions %all be treat$ z 
tea*+ c\rses ref]r$ to 9 p>agraph       
7#a77;,b7 if su* functions prim>ily     
relate to su* c\rses or are = a s*ool   
:i* focuses prim>ily on su* c\rses4  7d7

 ,qualifi$ ,und]graduate ,tuition ,=    
purposes ( ?is section1 ! t]m qualifi$  
und]graduate tuition means qualifi$     
high] education exp5ses 7z def9$ 9      
section #ebi7;e77#c77 = enrollm5t or    
att5dance at an in/itution ( high]      
education1 r$uc$ z provid$ 9 section    
#be;,a7g77#b7 & by any cr$it all[$ by   
section #be;,a ) respect to su* exp5ses4
  7e7 ,in/itution ( ,high] ,education ,!
 t]m in/itution ( high] education means 
an in/itution ( high] education z def9$ 
9 section #ajb ( ! ,high] ,education    
,act ( #aife 7#bj ,u4,s4,c4 #ajjb74  7f7
 ,regulations ,! ,secret>y %all         
prescribe su* regulations z may be      
appropriate to c>ry out ! purposes ( ?is
 section4  4  7b7 ,con=m+ ,am5dm5ts     
7#a7 ,p>agraph 7#b7 ( section #acbd7;b7 
( title #ca1 ,unit$ ,/ates ,code1 is    
am5d$ by ins]t+ #cf;,d1 aft] #cf;,b14   
7#b7 ,! table ( sections = subp>t ,c (  
"p ,,iv ( sub*apt] ,a ( *apt] #a ( !    
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by ins]t+ aft] ! item relat+ to section 

#cf;,c ! foll[+ new item3  ,sec4 #cf;,d4
 ,tuition = und]graduate education (    
c]ta9 tea*]s4  4  7c7 ,effective ,date  
,! am5dm5ts made by ?is section %all    
apply to taxable ye>s beg9n+ aft] ! date
 ( ! enactm5t ( ?is ,act2 except t only 
p]iods ( be+ an eligible tea*] 7z def9$ 
9 section #cf;,d7c7 ( ! ,int]nal ,rev5ue
 ,code ( #aihf1 z add$ by ?is section7  
aft] su* date %all be tak5 into acc\nt  
"u section #cf;,d7b77#c7 ( su* ,code1 z 
s add$4