HR 254
106th Congress
House
Taxation
College costs
Education
Education savings accounts
Finance and Financial Sector
Higher education
Income tax
Mutual funds
Personal income tax
Securities regulation
Tax exclusion
Tax penalties
Tax-exempt organizations
Tuition tax credits
Collegiate Learning and Student Savings Act
Introduced: January 6, 1999
See on congress.gov
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
Plain-English summary
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.
What's happening now
Referred to the Subcommittee on Finance and Hazardous Materials, for a period to be subsequently determined by the Chairman.
Committees of jurisdiction
3