To amend the Internal Revenue Code of 1986 to increase and make permanent the deduction for tuition and related expenses.
College Affordability Tax Relief Act of 2007 - Amends the Internal Revenue Code to: (1) increase the tax deduction for tuition and related expenses; (2) allow an inflation adjustment after 2008 of taxpayer adjusted gross income levels used to determine eligibility for, and allowable amounts of, such deduction; and (3) make such deduction permanent.
Referred to the House Committee on Ways and Means.
Referred to the House Committee on Ways and Means.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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