# 114-hr-5803: Extra Credit for Working Students Act of 2016

114-hr-5803, Extra Credit for Working Students Act of 2016, is a 114th Congress bill sponsored by Rep. Hardy, Cresent [R-NV-4] (R-NV); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-5803
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-5803
- Congress: 114
- Title: Extra Credit for Working Students Act of 2016
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2016-07-14
- Sponsor: Rep. Hardy, Cresent [R-NV-4] (R-NV)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Extra Credit for Working Students Act of 2016 This bill amends the Internal Revenue Code to allow a taxpayer to accelerate the American Opportunity Tax Credit for qualified tuition and related expenses. A taxpayer may elect to receive the full amount of the credit over the first two years of postsecondary education rather than the four-year period required under current law. Such an election is irrevocable, applies for all subsequent tax years, and may not be made for any taxable year beginning after December 31, 2022. The Department of the Treasury must submit to Congress reports that include: the election rate, the demographics of the students making the elections, and an assessment of the effectiveness of the elections and the tax credit in improving college completion times.

## Related bills

- 114-hr-6094: Regulatory Relief for Small Businesses, Schools, and Nonprofits Act
- 114-hr-6081: Moapa Band of Paiutes Land Conveyance Act
- 114-hr-6049: Protection from Insurance Exchange Monopolies Act
- 114-hr-6039: Graduate Opportunities in Medical Education Distribution Act of 2016
- 114-hr-5999: Global War on Terrorism War Memorial Act
- 114-hr-5836: HEARD Act

## Sources
- [114-hr-5803 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/5803)

## Related
- [114-hr-6094: Regulatory Relief for Small Businesses, Schools, and Nonprofits Act](https://policyrisk.com/legislation/114-hr-6094)
- [114-hr-6081: Moapa Band of Paiutes Land Conveyance Act](https://policyrisk.com/legislation/114-hr-6081)
- [114-hr-6049: Protection from Insurance Exchange Monopolies Act](https://policyrisk.com/legislation/114-hr-6049)
- [114-hr-6039: Graduate Opportunities in Medical Education Distribution Act of 2016](https://policyrisk.com/legislation/114-hr-6039)
- [114-hr-5999: Global War on Terrorism War Memorial Act](https://policyrisk.com/legislation/114-hr-5999)
- [114-hr-5836: HEARD Act](https://policyrisk.com/legislation/114-hr-5836)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-5803 (as of 2025-11-18).