420 with CNW – House committee approves provision to remove education tax credit ban for those convicted of drug addiction

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Last week, the House Ways and Means Committee adopted a budget reconciliation law which contains a provision to remove a ban that prevents people convicted of drugs from using education tax credits. The committee agreed to remove restriction, which prevents those convicted of federal or state drug offenses from claiming the U.S. Opportunities Tax Credit. Individuals are currently allowed to claim this tax benefit for expenses paid for course materials, fees and tuition fees for higher education.

The provision was enacted in 2009. Rep. Danny Davis has called for an end to it, with Senator Chris Van Hollen also supporting reform of the provision, saying in a recent Facebook post that the law violates the principle of giving. to individuals second chances after having served their sentence. Van Hollen, who is the young US senator from Maryland, added that it was important for students to have every chance to succeed not only in higher education, but also in leading a better life.

Currently the the law states that the tax credit will not be granted for eligible tuition fees or associated expenses for attendance or registration of students for any academic period if they have been convicted of a state or federal crime which includes the distribution or possession of a controlled substance. Van Hollen noted that removing the penalty would help individuals gain post-secondary education and contribute to the country’s economy and workforce.

Campaigners argue that the policy places an additional burden on students who may have been involved in the war on drugs and discourages them from wanting to improve their lives through higher education.

The proposed measure also eliminates a query on the Free application for federal student aid, which asked students to disclose previous drug offenses. Advocates note that the issue has deterred many eligible students from seeking student aid.

Activists pleaded for an end to the Aid elimination penalty, which has made thousands of students ineligible for university aid due to cannabis and other drug convictions since its passage in 1998. The sentence was included as an amendment to the Higher Education Act.

At the end of last year, a bipartisan spending law that would prevent students from being disqualified from receiving federal financial assistance on drug convictions was enacted. Financial assistance includes grants and loans.

These efforts to make changes to the country’s repressive drug laws offer hope for the cannabis industry and industry players such as Hero Technologies Inc. (OTC: HENC) that a time is coming when enabling federal laws will eventually be enacted to establish a legal marijuana market across the country.

NOTICE TO INVESTORS: The latest news and updates relating to Hero Technologies Inc. (OTC: HENC) are available in the company newsroom at https://cnw.fm/HENC

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