,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #acec  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,m>* #ba1 #bjac ,mr4  
,hanna 7= himself & ,mr4 ,israel7       
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,ways & ,means  ,a     
,,bill  ,to am5d ! ,int]nal ,rev5ue     
,code ( #aihf to all[ a d$uction = high]
 education exp5ses 9 a program ( /udy 9 
sci5ce1 te*nology1 eng9e]+1 or          
ma!matics4  #a4 ,%ort title ,?is ,act   
may be cit$ z ! ,,/em ,education        
,opportunity ,act4  #b4 ,,/em qualifi$  
high] education exp5ses  7a7 ,9 g5]al   
,"p ,,vii ( sub*apt] ,b ( *apt] #a ( !  
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by ins]t+ aft] section #bbb ! foll[+ new
 section3  #bbb;,a4 ,,/em qualifi$ high]
 education exp5ses  7a7 ,9 g5]al ,9 !   
case ( an individual1 !re %all be all[$ 
z a d$uction an am\nt equal to ! ,,/em  
high] education exp5ses paid by !       
taxpay] dur+ ! taxable ye>4  7b7 ,,/em  
high] education exp5ses ,= purposes (   
?is section1 ! t]m ,,/em high] education

 exp5se means any exp5se ( a type :i* is
 tak5 into acc\nt 9 det]m9+ ! co/ (     
att5dance 7z def9$ 9 section #dgb ( !   
,high] ,education ,act ( #aife 7#bj     
,u4,s4,c4 #ajhgll77 at an eligible      
educational in/itution ) respect to !   
att5dance ( an individual--  7#a7 at su*
 in/itution = ! academic p]iod = :i* !  
d$uction "u ?is section is be+ det]m9$1 
7#b7 major+ 9 a c\rse ( /udy at su*     
in/itution lead+ to an associate degree 
or high] 9--  7,a7 sci5ce1 te*nology1   
eng9e]+1 or ma!matics 7)9 ! mean+ (     
section #aca7;g77#d7 ( ! ,high]         
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajae7;g77#d771 or  7,b7 education ) a  
focus on any area describ$ 9 subp>agraph
 7,a71 &  7#c7 :o at all times dur+ su* 
p]iod is mak+ satisfactory academic     
progress 7z def9$ 9 section #ffh4cd (   
title #cd1 ,code ( ,f$]al ,regulations1 
or any successor regulation7 9 ! pursuit
 ( su* degree4  7c7 ,def9ition & special
 rules ,= purposes ( ?is section--  7#a7
 ,eligible educational in/itution ,! t]m

 eligible educational in/itution has !  
mean+ giv5 ! t]m in/itution ( high]     
education 9 section #ajb ( ! ,high]     
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajjb74  7#b7 ,room & bo>d includ$ =    
/ud5ts :o are at lea/ half-"t           
,subsection 7a7 %all n apply to any co/s
 ( an individual = room & bo>d :ile     
att5d+ an eligible educational          
in/itution1 unless su* individual is an 
eligible individual 7z def9$ 9 section  
#be;,a7b77#c774  7#c7 ,c>ry=w>d ( unus$ 
d$uction ,if = any taxable ye> !        
d$uction all[able "u subsection 7a7     
exce$s ! taxpay]'s taxable income       
7det]m9$ )\t reg>d to ?is section71 !   
am\nt ( ,,/em high] education exp5ses ( 
! taxpay] attributable to su* excess    
%all be treat$ z ,,/em high] education  
exp5ses paid by ! taxpay] 9 ! succe$+   
taxable ye>4  7#d7 ,id5tification       
requirem5t ,no d$uction %all be all[$ "u
 subsection 7a7 to a taxpay] ) respect  
to ,,/em high] education exp5ses ( an   
individual unless ! taxpay] includes !  

"n & taxpay] id5tification numb] ( !    
individual on ! return ( tax = ! taxable
 ye>4  7#e7 ,c]ta9 prepaym5ts all[$ ,if 
,,/em high] education exp5ses are paid  
by ! taxpay] dur+ a taxable ye> = an    
academic p]iod :i* beg9s dur+ ! fir/ #c 
mon?s foll[+ su* taxable ye>1 su*       
academic p]iod %all be treat$ = purposes
 ( ?is section z beg9n+ dur+ su* taxable
 ye>4  7#f7 ,coord9ation ) o!r education
 inc5tives  7,a7 ,d5ial ( d$uction if   
o!r cr$it elect$ ,no d$uction %all be   
all[$ "u subsection 7a7 = any taxable   
ye> ) respect to ! ,,/em high] education
 exp5ses ) respect to an individual if !
 taxpay] or any o!r p]son elects to h   
section #be;,a apply ) respect to su*   
individual = su* ye>4  7,b7 ,coord9ation
 ) exclusions ,! total am\nt ( ,,/em    
high] education exp5ses %all be r$uc$ by
 ! am\nt ( su* exp5ses tak5 into acc\nt 
9 det]m9+ any am\nt exclud$ "u section  
#ace1 #ebi7;c71 or #ecj7;d77#b74 ,=     
purposes ( ! prec$+ s5t5ce1 ! am\nt tak5
 into acc\nt 9 det]m9+ ! am\nt exclud$  

"u section #ebi7;c77#a7 %all n include t
 portion ( ! di/ribution :i* repres5ts a
 return ( any contributions to ! plan4  
7#g7 ,adju/m5t = c]ta9 s*ol>%ips ,rules 
simil> to ! rules ( #be;,a7g77#b7 %all  
apply = purposes ( ?is section4  7#h7   
,dep5d5ts ,no d$uction %all be all[$ "u 
subsection 7a7 to any individual )      
respect to :om a d$uction "u section    
#aea is all[able to ano!r taxpay] = a   
taxable ye> beg9n+ 9 ! cal5d> ye> 9 :i* 
su* individual's taxable ye> beg9s4     
7#i7 ,nonresid5t ali5s ,if ! taxpay] is 
a nonresid5t ali5 individual = any      
portion ( ! taxable ye>1 ?is section    
%all only apply if su* individual is    
treat$ z a resid5t ali5 ( ! ,unit$      
,/ates = purposes ( ?is *apt] by reason 
( an election "u subsection 7g7 or 7h7 (
 section #fjac4  7d7 ,t]m9ation ,?is    
section %all n apply to taxable ye>s    
beg9n+ m ?an #aj ye>s aft] ! date ( !   
enactm5t ( ! ,,/em ,education           
,opportunity ,act4  4  7b7 ,d$uction    
all[$ :e!r or n taxpay] itemizes o!r    

d$uctions ,subsection 7a7 ( section #fb 
( su* ,code is am5d$ by ins]t+ aft]     
p>agraph 7#ba7 ! foll[+ new p>agraph3   
7#bb7 ,,/em qualifi$ high] education    
exp5ses ,! d$uction all[$ by section    
#bbb;,a4  4  7c7 ,cl]ical am5dm5t ,!    
table ( sections = "p ,,vii ( sub*apt]  
,b ( *apt] #a ( su* ,code is am5d$ by   
ins]t+ aft] ! item relat+ to section    
#bbb ! foll[+ new item3  ,sec4 #bbb;,a4 
,,/em qualifi$ high] education exp5ses4 
4  7d7 ,effective date ,! am5dm5ts made 
by ?is section %all apply to paym5ts    
made 9 taxable ye>s beg9n+ aft] ! date (
 ! enactm5t ( ?is ,act4  #c4 ,cr$its =  
c]ta9 contributions b5efitt+ sci5ce1    
te*nology1 eng9e]+1 & ma!matics         
education at ! elem5t>y & second>y s*ool
 level  7a7 ,9 g5]al ,subp>t ,d ( "p    
,,iv ( sub*apt] ,a ( *apt] #a ( !       
,int]nal ,rev5ue ,code ( #aihf 7relat+  
to bus9ess relat$ cr$its7 is am5d$ by   
add+ at ! end ! foll[+ new section3     
#de,s4 ,contributions b5efitt+ sci5ce1  
te*nology1 eng9e]+1 & ma!matics         

education at ! elem5t>y & second>y s*ool
 level  7a7 ,9 g5]al ,= purposes (      
section #ch1 ! elem5t>y & second>y s*ool
 ,,/em contributions cr$it det]m9$ "u   
?is section = ! taxable ye> is an am\nt 
equal to ! qualifi$ ,,/em contributions 
made by ! taxpay] dur+ ! taxable ye> to 
"o or m elem5t>y or second>y s*ools4    
7b7 ,maximum cr$it  7#a7 ,p] taxpay] ,! 
am\nt ( qualifi$ ,,/em contributions    
made to any s*ool :i* may be tak5 into  
acc\nt "u ?is section by ! taxpay] = !  
taxable ye> %all n exce$ ! portion ( !  
limitation "u p>agraph 7#b7 :i* is      
allocat$ by su* s*ool to ! taxpay] = su*
 ye>4  7#b7 ,p] s*ool ,! am\nt (        
qualifi$ ,,/em contributions made to any
 s*ool :i* may be allocat$ "u ?is       
section by ! s*ool to all taxpay]s = all
 taxable ye>s %all n exce$ #ajj1jjj4    
7c7 ,qualifi$ ,,/em contributions ,=    
purposes ( ?is section--  7#a7 ,9 g5]al 
,! t]m qualifi$ ,,/em contributions     
means--  7,a7 ,,/em prop]ty             
contributions1  7,b7 ,,/em s]vice       

contributions1 &  7,c7 ,,/em /ud5t &    
educator tra9+ contributions4  7#b7     
,,/em prop]ty contributions  7,a7 ,9    
g5]al ,! t]m ,,/em prop]ty contribution 
means ! am\nt :i* w\ld 7b = subsection  
7d77 be all[$ z a d$uction "u section   
#agj = a *>itable contribution ( ,,/em  
prop]ty if--  7i7 ! donee is an elem5t>y
 or second>y s*ool1  7ii7 sub/antially  
all ( ! use ( ! prop]ty by ! donee is )9
 ! ,unit$ ,/ates = ,,/em education 9 any
 ( ! grades ,k-#ab = use dur+ ! s*ool   
day or 9 aft]-s*ool programs1  7iii7 !  
orig9al use ( ! prop]ty beg9s ) ! donee1
  7iv7 ! prop]ty w fit productively into
 ! donee's education plan1  7v7 !       
prop]ty is n transf]r$ by ! donee 9     
ex*ange = money1 o!r prop]ty1 or        
s]vices1 except = %ipp+1 in/allation &  
transf] co/s1 &  7vi7 ! donee's use &   
disposition ( ! prop]ty w be 9          
accordance ) ! provisions ( clauses 7ii7
 ?r\gh 7v74  7,b7 ,,/em prop]ty ,! t]m  
,,/em prop]ty means--  7i7 comput]      
equipm5t & s(tw>e1  7ii7 microscopes1   

7iii7 lab equipm5t1 includ+ glassw>e1   
digital scales1 & temp]ature measur+    
devices1  7iv7 prop]ty us$ to ma9ta91   
r5ovate1 or improve laboratory          
facilities1  7v7 ,,/em education        
curricula1 &  7vi7 :itebo>ds1 sm>tbo>ds1
 cam]as1 & o!r relevant ,,/em education 
mat]ials4  7#c7 ,,/em s]vice            
contributions  7,a7 ,9 g5]al ,! t]m     
,,/em s]vice contributions means ! am\nt
 paid or incurr$ dur+ ! taxable ye> to  
provide ,,/em s]vices 9 ! ,unit$ ,/ates 
= ! exclusive b5efit ( /ud5ts at an     
elem5t>y or second>y s*ool b only if no 
*>ge is impos$ = provid+ su* s]vices4   
7,b7 ,,/em s]vices ,! t]m ,,/em s]vices 
means--  7i7 provid+ /ud5ts !           
opportunity to engage 9 h&s-on te*nical 
equipm5t tra9+ 9 a ,,/em education      
field1 &  7ii7 br++ exp]ts 9 a ,,/em    
education field into ! classroom or aft]
 s*ool programs = demon/rations1 talks1 
or m5tor+ ex]cises4  7#d7 ,,/em /ud5t & 
educator tra9+ contributions  7,a7 ,9   
g5]al ,! t]m ,,/em /ud5t & educator     

tra9+ contributions means ! am\nt paid  
or incurr$ dur+ ! taxable ye> to provide
 ,,/em /ud5t & educator tra9+ s]vices 9 
! ,unit$ ,/ates = ! exclusive b5efit (  
/ud5ts at an elem5t>y or second>y s*ool 
b only if no *>ge is impos$ = provid+   
su* s]vices4  7,b7 ,,/em /ud5t &        
educator tra9+ s]vices ,! t]m ,,/em     
/ud5t & educator tra9+ s]vices means--  
7i7 on-site te*nical equipm5t tra9+ 9 a 
,,/em education field1  7ii7 field trips
 to rese>* or relat$ facilities 9 a     
,,/em education field1  7iii7 /ud5t     
int]n%ips or long t]m on-site tra9+ 9 a 
,,/em education field1 &  7iv7 educator 
tra9+ ex]cises 9 a ,,/em education      
field4  7#e7 ,,/em education ,! t]m     
,,/em education means education 9 !     
biological sci5ces1 ma!matics1 e>? &    
physical sci5ces1 comput] & in=mation   
sci5ce1 eng9e]+1 geosci5ces1 & social & 
behavioral sci5ces4  7#f7 ,elem5t>y or  
second>y s*ool  7,a7 ,9 g5]al ,! t]m    
elem5t>y or second>y s*ool means any    
s*ool :i* provides elem5t>y education or

 second>y education 7k9d]g>t5 ?r\gh     
grade #ab71 z det]m9$ "u ,/ate law4     
7,b7 ,gr\p+s ( s*ools ,su* t]m includes 
consortia or o!r gr\p+s ( su* s*ools if 
all su* s*ools 9 ! consortia or gr\p+   
are locat$ )9 ! same ,/ate4  7d7 ,d5ial 
( d\ble b5efit ,no d$uction %all be     
all[$ "u ?is *apt] = any am\nt all[$ z a
 cr$it "u ?is section4  4  7b7 ,con=m+  
am5dm5ts  7#a7 ,section #ch7;b7 ( su*   
,code is am5d$ by /rik+ plus at ! end ( 
p>agraph 7#ce71 by /rik+ ! p]iod at !   
end ( p>agraph 7#cf71 & ins]t+ 1 plus1 &
 by add+ at ! end ! foll[+ new p>agraph3
  7#cg7 ! elem5t>y & second>y s*ool     
,,/em contributions cr$it det]m9$ "u    
section #de,s4  4  7#b7 ,! table (      
sections = subp>t ,d ( "p ,,iv (        
sub*apt] ,a ( *apt] #a ( su* ,code is   
am5d$ by add+ at ! end ! foll[+ new     
item3  ,sec4 #de,s4 ,contributions      
b5efitt+ sci5ce1 te*nology1 eng9e]+1 &  
ma!matics education at ! elem5t>y &     
second>y s*ool level4  4  7c7 ,effective
 date ,! am5dm5ts made by ?is section   

%all apply to taxable ye>s beg9n+ aft] !
 date ( ! enactm5t ( ?is ,act4  #d4     
,,gao ,/udy ,n lat] ?an #e ye>s aft] !  
date ( ! enactm5t ( ?is ,act1 !         
,gov]nm5t ,acc\ntability ,(fice1 9      
consultation ) ! ,secret>y ( !          
,treasury1 %all submit to ,congress a   
report detail+--  7#a7 ! efficacy ( !   
,,/em ,education ,opportunity ,act 9    
increas+ high] education enrollm5t 9 !  
fields ( ma?1 sci5ce1 eng9e]+1 &        
te*nology1 &  7#b7 any effect su* ,act  
has _h on ! price ( high] education     
tuition 9 su* fields4