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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.

Introduced: May 24, 2001 See on congress.gov
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
This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) 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 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 February 6, 2001

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service
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

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
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/
MLA
"H.R. 475: Securing Affordable Vocational and Collegiate Education (SAVE) Act." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-475/.
Bluebook (legal)
H.R. 475, 107th Cong. (2026), https://openamerica.io/bill/107-HR-475/.
Markdown link
[H.R. 475: Securing Affordable Vocational and Collegiate Education (SAVE) Act](https://openamerica.io/bill/107-HR-475/)
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