HR 2543
104th Congress
House
Taxation
College costs
Cost of living adjustments
Education
Educational finance
Higher education
Income tax
Labor and Employment
Tax deductions
Vocational and technical education
Tuition Tax Deduction Act of 1995
Introduced: October 26, 1995
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 26, 1995
Referred to the House Committee on Ways and Means.
Oct 26, 1995
Introduced in House
Plain-English summary
Tuition Tax Deduction Act of 1995 - Amends the Internal Revenue Code to allow an individual a deduction in an amount equal to the qualified education expenses paid for tuition and fees for the taxpayer, spouse, or any dependents to one or more eligible undergraduate and postsecondary vocational schools. Limits the deduction to $5,000. Allows the deduction whether or not the taxpayer itemizes other deductions.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1