Skip to main content
HR 53 105th Congress House Taxation College costs Education Educational finance Excise tax Finance and Financial Sector Government Operations and Politics Government paperwork Higher education Income tax Labor and Employment Law Personal income tax Savings accounts Tax deductions Tax deferral Tax exclusion Tax exemption Tax penalties Trusts and trustees

Higher Education Accumulation Program Act of 1997

Introduced: January 7, 1997 See on congress.gov
Sign in to write a letter Sign in to watch
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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 7, 1997
Referred to the House Committee on Ways and Means.
Jan 7, 1997
Sponsor introductory remarks on measure. (CR E10)
Jan 7, 1997
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Higher Education Accumulation Program Act of 1997 - Amends the Internal Revenue Code to allow a deduction for amounts paid to a Higher Education Accumulation Program account established to accumulate funds to pay the educational expenses of a child of the taxpayer.

Declares such accounts exempt from tax. Allows the deduction in arriving at adjusted gross income. Imposes an excise tax on excess contributions and prohibited transactions. Imposes a penalty for failure to meet reporting requirements.

What's happening now January 7, 1997

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Norton, Eleanor Holmes
District of Columbia · Jan 7, 1997
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 53: Higher Education Accumulation Program Act of 1997. 105th Congress. Open America. https://openamerica.io/bill/105-HR-53/
MLA
"H.R. 53: Higher Education Accumulation Program Act of 1997." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-HR-53/.
Bluebook (legal)
H.R. 53, 105th Cong. (2026), https://openamerica.io/bill/105-HR-53/.
Markdown link
[H.R. 53: Higher Education Accumulation Program Act of 1997](https://openamerica.io/bill/105-HR-53/)
Report a problem