H.R. 6565 (112th): Leadership Invests in the Future Through Helping Individuals Gain Higher Education and Retraining Act of 2012

Introduced:
Sep 28, 2012 (112th Congress, 2011–2013)
Sponsor:
Rep. Laura Richardson [D-CA37]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

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Status

This bill was introduced on September 28, 2012, in a previous session of Congress, but was not enacted.

Progress
Introduced Sep 28, 2012
Referred to Committee Sep 28, 2012
Cosponsors
none
Committees

House Ways and Means

The committee chair determines whether a bill will move past the committee stage.

Full Title

To amend the Internal Revenue Code of 1986 to provide a refundable tax credit for certain expenses of applying to graduate school.

Summary

No summaries available.

Text

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Last updated Sep 28, 2012.
6 pages

Primary Source

View on THOMAS (The Library of Congress)

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

9/28/2012--Introduced.
Leadership Invests in the Future Through Helping Individuals Gain Higher Education and Retraining Act of 2012 or the LIFT HIGHER Act of 2012 - Amends the Internal Revenue Code to allow applicants to a graduate school program an income-based refundable tax credit for expenses in connection with a graduate school program application, including application fees, fees for taking any required test, and amounts paid for study and preparation materials or for tutorial and preparation services for any test required by a graduate program.
Limits the amount of such credit in any taxable year to $500 over the aggregate amount of credits allowable for all prior taxable years.
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House Republican Conference Summary

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The bill contains the following citations to other parts of U.S. law:

United States Code

The United States Code is the compilation of permanent laws enacted by Congress. Temporary and other non-permanent laws do not appear in the United States Code. (About half of the United States Code is the law itself, called positive law. The other half is merely a compilation of the laws but has no legal significance.)