HR 656
105th Congress
House
Taxation
College costs
Education
Educational finance
Government Operations and Politics
Higher education
Housing and Community Development
Income tax
Personal income tax
Student housing
Tax exclusion
To amend the Internal Revenue Code of 1986 to provide that distributions from qualified State tuition programs which are used to pay educational expenses shall not be includible in gross income and to include as such expenses the cost of room and board.
Introduced: February 10, 1997
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 10, 1997
Referred to the House Committee on Ways and Means.
Feb 10, 1997
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to revise provisions concerning distributions from State tuition programs to: (1) provide for the exclusion from income of distributions used exclusively for qualified higher education expenses; and (2) include the expenses of room and board in the definition of qualified higher education expenses.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1