S 289
107th Congress
Senate
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: February 8, 2001
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 14, 2001
Committee on Finance. Hearings held.
Feb 8, 2001
Read twice and referred to the Committee on Finance.
Feb 8, 2001
Sponsor introductory remarks on measure. (CR S1220-1221)
Feb 8, 2001
Introduced in Senate
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
Committee on Finance. Hearings held.
Committees of jurisdiction
1
Cosponsors
1