S. 5126 — Introduced in Senate

II 117th CONGRESS 2d Session S. 5126 IN THE SENATE OF THE UNITED STATES November 17, 2022Mr. Van Hollen (for himself, Mr. Portman, Mr. Wyden, and Mr. Merkley) 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 strike the provision of the American Opportunity Tax Credit that denies the credit to students with felony drug convictions. 1. Short title This Act may be cited as the Eliminating Discrimination And Creating Corridors to Expand Student Success Act of 2022 or the ED ACCESS Act of 2022. 2. Elimination of denial of American Opportunity Tax Credit for students convicted of a felony drug offense (a) In general Section 25A(b)(2) of the Internal Revenue Code of 1986 is amended by striking subparagraph (D). (b) Effective date The amendment made by this section shall apply to taxable years ending after the date of the enactment of this Act.