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HR 254 106th Congress House

Collegiate Learning and Student Savings Act

Official title: To amend the Internal Revenue Code of 1986 to provide additional tax incentives for education.

Introduced: May 6, 1999 See on congress.gov
Taxation College costsEducationEducation savings accountsFinance and Financial Sector
More subjectsShow fewer subjects
Higher educationIncome taxMutual fundsPersonal income taxSecurities regulationTax exclusionTax penaltiesTax-exempt organizationsTuition tax credits
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This bill died when the 106th Congress ended
It never became law before the 106th Congress (1999–2000) 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 19, 1999
Referred to the Subcommittee on Finance and Hazardous Materials, for a period to be subsequently determined by the Chairman.
Jan 6, 1999
Referred to the Committee on Ways and Means, and in addition to the Committee on Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jan 6, 1999
Introduced in House
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 Latest action January 19, 1999

Referred to the Subcommittee on Finance and Hazardous Materials, for a period to be subsequently determined by the Chairman.

 Plain-English summary Congressional Research Service

Collegiate Learning and Student Savings Act - Amends the Internal Revenue Code to: (1) permit private higher educational institutions, in addition to currently permitted State institutions, to establish qualified tuition programs; and (2) exclude from gross income such program distributions used for qualified higher education expenses.

Amends the Investment Company Act of 1940 to exempt qualified tuition programs from the definition of an investment company.

 Related & companion bills 1
  • S 13 Identical bill Collegiate Learning and Student Savings Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 3
 Cosponsors 3
All 3 Republican 2
R
Sessions, Pete
Texas · Mar 28, 2000
NETHERCUTT, GEORGE
· May 6, 1999
 R
Graham, Lindsey
South Carolina · Mar 1, 1999
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 254: Collegiate Learning and Student Savings Act. 106th Congress. Open America. https://openamerica.io/bill/106-HR-254/
MLA
"H.R. 254: Collegiate Learning and Student Savings Act." 106th Congress, 2026, Open America, https://openamerica.io/bill/106-HR-254/.
Bluebook (legal)
H.R. 254, 106th Cong. (2026), https://openamerica.io/bill/106-HR-254/.
Markdown link
[H.R. 254: Collegiate Learning and Student Savings Act](https://openamerica.io/bill/106-HR-254/)
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