S 1054
106th Congress
Senate
Taxation
College costs
Education
Education savings accounts
Families
Higher education
Income tax
Personal income tax
Tax exclusion
Tuition tax credits
Savings for Scholars Act
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 14, 1999
Read twice and referred to the Committee on Finance.
May 14, 1999
Sponsor introductory remarks on measure. (CR S5371-5372)
May 14, 1999
Introduced in Senate
Plain-English summary
Savings for Scholars Act - Amends the Internal Revenue Code to: (1) increase to $2,000 the maximum annual contribution allowed to education individual retirement accounts; and (2) modify qualified state tuition programs and the Hope and Lifetime Learning credits.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1