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HR 4147 105th Congress House Taxation College costs Education Education savings accounts Higher education Income tax Personal income tax Tax exclusion

Higher Education Affordability Act of 1998

Introduced: June 25, 1998 See on congress.gov
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This bill died when the 105th Congress ended
It never became law before the 105th Congress (1997–1998) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 25, 1998
Referred to the House Committee on Ways and Means.
Jun 25, 1998
Introduced in House
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 Plain-English summary Congressional Research Service

Higher Education Affordability Act of 1998 - Amends the Internal Revenue Code to increase from $500 to $5,000 the maximum annual contribution limit for an education individual retirement account.

What's happening now June 25, 1998

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 2
D
McGovern, James P.
Massachusetts · Jul 20, 1998
 D
Thompson, Bennie G.
Mississippi · Jul 20, 1998
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4147: Higher Education Affordability Act of 1998. 105th Congress. Open America. https://openamerica.io/bill/105-HR-4147/
MLA
"H.R. 4147: Higher Education Affordability Act of 1998." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-HR-4147/.
Bluebook (legal)
H.R. 4147, 105th Cong. (2026), https://openamerica.io/bill/105-HR-4147/.
Markdown link
[H.R. 4147: Higher Education Affordability Act of 1998](https://openamerica.io/bill/105-HR-4147/)
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