Bill · H.R. 2852· House(119-HR-2852)
Expanded Student Saver’s Tax Credit Act
- Introduced
- 4/10/2025
- Last activity
- 4/10/2025 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Julie Johnson
- Cosponsors
- - 2 - 0
- Introduced
- In Committee
What this bill would do
This bill, known as the "Expanded Student Saver's Tax Credit Act," proposes changes to the Internal Revenue Code of 1986. It aims to allow students to access the saver's credit and receive the saver's match. Specifically, the bill amends the definitions regarding who is included for these tax benefits. The changes target individuals who are dependents under section 151.
Yes· 3 of 7
Would students be better off under this?+5
The bill is specifically designed to expand financial tax benefits to individuals who are full-time students and dependents.
Would people in their twenties and thirties be better off under this?+4
The expansion of the saver's credit specifically targets students, who are predominantly in the young adult demographic.
Would households on low incomes be better off under this?+3
The bill provides additional financial incentives through tax credits and matches for individuals who may be on low incomes.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Access to Saver's Credit: The bill amends Section 25B(c)(2) to include individuals who are allowed a deduction under section 151 to another taxpayer, which would allow students to take the saver's credit. (Section 2(a))
-
Access to Saver's Match: The bill amends Section 6433(c)(2) to include individuals who are allowed a deduction under section 151 to another taxpayer, which would allow students to receive the saver's match. (Section 2(b))
Potential Negative Impacts for People
- No negative impacts are explicitly mentioned in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Students+5Good For Young Adults+4Good For Low Income Households+3Good For Middle Class Households+3
- Economy And Finance
- Reduces Middle Class Taxes+3Improves Economic Growth+1
- Social Issues And Justice
- Improves Poverty Reduction+2
- 4/10/2025
- Referred to the House Committee on Ways and Means.
- 2 Cosponsors added.
- Introduced in House
Henry JohnsonDemocrat · Georgia
Eleanor NortonDemocrat · District of Columbia