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HR 4790 100th Congress House Taxation College costs Education Higher education Income tax Interest Savings bonds Securities and Investments Tax exclusion Vocational and technical education

College Savings Bond Act of 1988

Introduced: June 10, 1988 See on congress.gov
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This bill died when the 100th Congress ended
It never became law before the 100th Congress (1987–1988) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 10, 1988
Provisions of Measure Incorporated Into H.R.4333.
Jun 10, 1988
Referred to House Committee on Ways and Means.
Jun 10, 1988
Introduced in House
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 Plain-English summary Congressional Research Service

College Savings Bond Act of 1988 - Authorizes the Secretary of the Treasury to issue college savings bonds in the interest of encouraging long-term savings for postsecondary education.

Amends the Internal Revenue Code to exclude from the gross income of an individual any interest on college savings bonds to the extent these proceeds are used to pay the qualified educational expenses (tuition, fees, books, supplies, reasonable living expenses) of the taxpayer, spouse, child, or dependent at an institution of higher education, including a postsecondary vocational school. Decreases the permissible exclusion for taxpayers having adjusted gross income above $60,000, allowing no exclusion if income exceeds $80,000.

What's happening now November 10, 1988

Provisions of Measure Incorporated Into H.R.4333.

 Related & companion bills 3
  • HR 4333 Related bill Technical and Miscellaneous Revenue Act of 1988
  • HR 4925 Identical bill College Savings Bond Act of 1988
  • S 2534 Identical bill College Savings Bond Act of 1988
 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Smith, Christopher H.
New Jersey · Jun 10, 1988
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4790: College Savings Bond Act of 1988. 100th Congress. Open America. https://openamerica.io/bill/100-HR-4790/
MLA
"H.R. 4790: College Savings Bond Act of 1988." 100th Congress, 2026, Open America, https://openamerica.io/bill/100-HR-4790/.
Bluebook (legal)
H.R. 4790, 100th Cong. (2026), https://openamerica.io/bill/100-HR-4790/.
Markdown link
[H.R. 4790: College Savings Bond Act of 1988](https://openamerica.io/bill/100-HR-4790/)
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