HR 475
107th Congress
House
Securing Affordable Vocational and Collegiate Education (SAVE) Act
Official title: To amend the Internal Revenue Code of 1986 to allow a deduction for amounts paid to any qualified State tuition program and to provide that distributions from … Show full official titleShow less
Official title: To amend the Internal Revenue Code of 1986 to allow a deduction for amounts paid to any qualified State tuition program and to provide that distributions from such programs which are used to pay educational expenses shall not be includible in gross income.
Taxation
College costsEducationEducation savings accountsEducational finance
More subjectsShow fewer subjects
Finance and Financial SectorGovernment Operations and PoliticsHigher educationIncome taxLabor and EmploymentPersonal income taxTax deductionsTax exclusionTuition tax creditsVocational and technical education
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 6, 2001
Referred to the House Committee on Ways and Means.
Feb 6, 2001
Introduced in House
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Latest action
Referred to the House Committee on Ways and Means.
Plain-English summary
Securing Affordable Vocational and Collegiate Education (SAVE) Act - Amends the Internal Revenue Code to: (1) allow a limited deduction for amounts paid to any qualified State tuition program; and (2) provide that distributions from such programs used to pay qualified higher education expenses shall not be included in gross income.
Bill text
1 version
- Introduced in House Formatted Text PDF
Committees of jurisdiction
1
Cite this page
U.S. Congress. (2026). H.R. 475: Securing Affordable Vocational and Collegiate Education (SAVE) Act. 107th Congress. Open America. https://openamerica.io/bill/107-HR-475/
"H.R. 475: Securing Affordable Vocational and Collegiate Education (SAVE) Act." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-475/.
H.R. 475, 107th Cong. (2026), https://openamerica.io/bill/107-HR-475/.
[H.R. 475: Securing Affordable Vocational and Collegiate Education (SAVE) Act](https://openamerica.io/bill/107-HR-475/)