,i #aacth ,,congress #ast ,session ,h4 ,r4 #acec ,,in ,,the ,,house ,,of ,,representatives ,march #ba1 #bjac ,mr4 ,hanna 7for himself and ,mr4 ,israel7 introduced the following bill2 which was referred to the ,committee on ,ways and ,means ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to allow a deduction for higher education expenses in a program of study in science1 technology1 engineering1 or mathematics4 #a4 ,short title ,this ,act may be cited as the ,,stem ,education ,opportunity ,act4 #b4 ,,stem qualified higher education expenses 7a7 ,in general ,part ,,vii of subchapter ,b of chapter #a of the ,internal ,revenue ,code of #aihf is amended by inserting after section #bbb the following new section3 #bbb;,a4 ,,stem qualified higher education expenses 7a7 ,in general ,in the case of an individual1 there shall be allowed as a deduction an amount equal to the ,,stem higher education expenses paid by the taxpayer during the taxable year4 7b7 ,,stem higher education expenses ,for purposes of this section1 the term ,,stem higher education expense means any expense of a type which is taken into account in determining the cost of attendance 7as defined in section #dgb of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajhgll77 at an eligible educational institution with respect to the attendance of an individual-- 7#a7 at such institution for the academic period for which the deduction under this section is being determined1 7#b7 majoring in a course of study at such institution leading to an associate degree or higher in-- 7,a7 science1 technology1 engineering1 or mathematics 7within the meaning of section #aca7;g77#d7 of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajae7;g77#d771 or 7,b7 education with a focus on any area described in subparagraph 7,a71 and 7#c7 who at all times during such period is making satisfactory academic progress 7as defined in section #ffh4cd of title #cd1 ,code of ,federal ,regulations1 or any successor regulation7 in the pursuit of such degree4 7c7 ,definition and special rules ,for purposes of this section-- 7#a7 ,eligible educational institution ,the term eligible educational institution has the meaning given the term institution of higher education in section #ajb of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajjb74 7#b7 ,room and board included for students who are at least half-time ,subsection 7a7 shall not apply to any costs of an individual for room and board while attending an eligible educational institution1 unless such individual is an eligible individual 7as defined in section #be;,a7b77#c774 7#c7 ,carryforward of unused deduction ,if for any taxable year the deduction allowable under subsection 7a7 exceeds the taxpayer's taxable income 7determined without regard to this section71 the amount of ,,stem higher education expenses of the taxpayer attributable to such excess shall be treated as ,,stem higher education expenses paid by the taxpayer in the succeeding taxable year4 7#d7 ,identification requirement ,no deduction shall be allowed under subsection 7a7 to a taxpayer with respect to ,,stem higher education expenses of an individual unless the taxpayer includes the name and taxpayer identification number of the individual on the return of tax for the taxable year4 7#e7 ,certain prepayments allowed ,if ,,stem higher education expenses are paid by the taxpayer during a taxable year for an academic period which begins during the first #c months following such taxable year1 such academic period shall be treated for purposes of this section as beginning during such taxable year4 7#f7 ,coordination with other education incentives 7,a7 ,denial of deduction if other credit elected ,no deduction shall be allowed under subsection 7a7 for any taxable year with respect to the ,,stem higher education expenses with respect to an individual if the taxpayer or any other person elects to have section #be;,a apply with respect to such individual for such year4 7,b7 ,coordination with exclusions ,the total amount of ,,stem higher education expenses shall be reduced by the amount of such expenses taken into account in determining any amount excluded under section #ace1 #ebi7;c71 or #ecj7;d77#b74 ,for purposes of the preceding sentence1 the amount taken into account in determining the amount excluded under section #ebi7;c77#a7 shall not include that portion of the distribution which represents a return of any contributions to the plan4 7#g7 ,adjustment for certain scholarships ,rules similar to the rules of #be;,a7g77#b7 shall apply for purposes of this section4 7#h7 ,dependents ,no deduction shall be allowed under subsection 7a7 to any individual with respect to whom a deduction under section #aea is allowable to another taxpayer for a taxable year beginning in the calendar year in which such individual's taxable year begins4 7#i7 ,nonresident aliens ,if the taxpayer is a nonresident alien individual for any portion of the taxable year1 this section shall only apply if such individual is treated as a resident alien of the ,united ,states for purposes of this chapter by reason of an election under subsection 7g7 or 7h7 of section #fjac4 7d7 ,termination ,this section shall not apply to taxable years beginning more than #aj years after the date of the enactment of the ,,stem ,education ,opportunity ,act4 4 7b7 ,deduction allowed whether or not taxpayer itemizes other deductions ,subsection 7a7 of section #fb of such ,code is amended by inserting after paragraph 7#ba7 the following new paragraph3 7#bb7 ,,stem qualified higher education expenses ,the deduction allowed by section #bbb;,a4 4 7c7 ,clerical amendment ,the table of sections for part ,,vii of subchapter ,b of chapter #a of such ,code is amended by inserting after the item relating to section #bbb the following new item3 ,sec4 #bbb;,a4 ,,stem qualified higher education expenses4 4 7d7 ,effective date ,the amendments made by this section shall apply to payments made in taxable years beginning after the date of the enactment of this ,act4 #c4 ,credits for certain contributions benefitting science1 technology1 engineering1 and mathematics education at the elementary and secondary school level 7a7 ,in general ,subpart ,d of part ,,iv of subchapter ,a of chapter #a of the ,internal ,revenue ,code of #aihf 7relating to business related credits7 is amended by adding at the end the following new section3 #de,s4 ,contributions benefitting science1 technology1 engineering1 and mathematics education at the elementary and secondary school level 7a7 ,in general ,for purposes of section #ch1 the elementary and secondary school ,,stem contributions credit determined under this section for the taxable year is an amount equal to the qualified ,,stem contributions made by the taxpayer during the taxable year to one or more elementary or secondary schools4 7b7 ,maximum credit 7#a7 ,per taxpayer ,the amount of qualified ,,stem contributions made to any school which may be taken into account under this section by the taxpayer for the taxable year shall not exceed the portion of the limitation under paragraph 7#b7 which is allocated by such school to the taxpayer for such year4 7#b7 ,per school ,the amount of qualified ,,stem contributions made to any school which may be allocated under this section by the school to all taxpayers for all taxable years shall not exceed #ajj1jjj4 7c7 ,qualified ,,stem contributions ,for purposes of this section-- 7#a7 ,in general ,the term qualified ,,stem contributions means-- 7,a7 ,,stem property contributions1 7,b7 ,,stem service contributions1 and 7,c7 ,,stem student and educator training contributions4 7#b7 ,,stem property contributions 7,a7 ,in general ,the term ,,stem property contribution means the amount which would 7but for subsection 7d77 be allowed as a deduction under section #agj for a charitable contribution of ,,stem property if-- 7i7 the donee is an elementary or secondary school1 7ii7 substantially all of the use of the property by the donee is within the ,united ,states for ,,stem education in any of the grades ,k-#ab for use during the school day or in after-school programs1 7iii7 the original use of the property begins with the donee1 7iv7 the property will fit productively into the donee's education plan1 7v7 the property is not transferred by the donee in exchange for money1 other property1 or services1 except for shipping1 installation and transfer costs1 and 7vi7 the donee's use and disposition of the property will be in accordance with the provisions of clauses 7ii7 through 7v74 7,b7 ,,stem property ,the term ,,stem property means-- 7i7 computer equipment and software1 7ii7 microscopes1 7iii7 lab equipment1 including glassware1 digital scales1 and temperature measuring devices1 7iv7 property used to maintain1 renovate1 or improve laboratory facilities1 7v7 ,,stem education curricula1 and 7vi7 whiteboards1 smartboards1 cameras1 and other relevant ,,stem education materials4 7#c7 ,,stem service contributions 7,a7 ,in general ,the term ,,stem service contributions means the amount paid or incurred during the taxable year to provide ,,stem services in the ,united ,states for the exclusive benefit of students at an elementary or secondary school but only if no charge is imposed for providing such services4 7,b7 ,,stem services ,the term ,,stem services means-- 7i7 providing students the opportunity to engage in hands-on technical equipment training in a ,,stem education field1 and 7ii7 bringing experts in a ,,stem education field into the classroom or after school programs for demonstrations1 talks1 or mentoring exercises4 7#d7 ,,stem student and educator training contributions 7,a7 ,in general ,the term ,,stem student and educator training contributions means the amount paid or incurred during the taxable year to provide ,,stem student and educator training services in the ,united ,states for the exclusive benefit of students at an elementary or secondary school but only if no charge is imposed for providing such services4 7,b7 ,,stem student and educator training services ,the term ,,stem student and educator training services means-- 7i7 on-site technical equipment training in a ,,stem education field1 7ii7 field trips to research or related facilities in a ,,stem education field1 7iii7 student internships or long term on-site training in a ,,stem education field1 and 7iv7 educator training exercises in a ,,stem education field4 7#e7 ,,stem education ,the term ,,stem education means education in the biological sciences1 mathematics1 earth and physical sciences1 computer and information science1 engineering1 geosciences1 and social and behavioral sciences4 7#f7 ,elementary or secondary school 7,a7 ,in general ,the term elementary or secondary school means any school which provides elementary education or secondary education 7kindergarten through grade #ab71 as determined under ,state law4 7,b7 ,groupings of schools ,such term includes consortia or other groupings of such schools if all such schools in the consortia or grouping are located within the same ,state4 7d7 ,denial of double benefit ,no deduction shall be allowed under this chapter for any amount allowed as a credit under this section4 4 7b7 ,conforming amendments 7#a7 ,section #ch7;b7 of such ,code is amended by striking plus at the end of paragraph 7#ce71 by striking the period at the end of paragraph 7#cf71 and inserting 1 plus1 and by adding at the end the following new paragraph3 7#cg7 the elementary and secondary school ,,stem contributions credit determined under section #de,s4 4 7#b7 ,the table of sections for subpart ,d of part ,,iv of subchapter ,a of chapter #a of such ,code is amended by adding at the end the following new item3 ,sec4 #de,s4 ,contributions benefitting science1 technology1 engineering1 and mathematics education at the elementary and secondary school level4 4 7c7 ,effective date ,the amendments made by this section shall apply to taxable years beginning after the date of the enactment of this ,act4 #d4 ,,gao ,study ,not later than #e years after the date of the enactment of this ,act1 the ,government ,accountability ,office1 in consultation with the ,secretary of the ,treasury1 shall submit to ,congress a report detailing-- 7#a7 the efficacy of the ,,stem ,education ,opportunity ,act in increasing higher education enrollment in the fields of math1 science1 engineering1 and technology1 and 7#b7 any effect such ,act has had on the price of higher education tuition in such fields4