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Searching...- Bills
- H.R.1810
H.R.1810: Higher Education and Learning Promotion Act
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about taxation
- Introduced June 5, 1997
- Latest Major Action June 5, 1997
Bill Sponsor
Bill Cosponsors
25 (1 Democrat, 25 Republicans)
Bill Summary
Higher Education and Learning Promotion Act - Amends the Internal Revenue Code to establish nontaxable education investment accounts which shall permit annual contributions of not more than $1,500 for the account holder's qualified higher education costs. Subjects account distributions used for nonqualifying purposes to taxation, including an additional ten percent tax. Sets forth related reporting requirements. Makes the employer-provided...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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| June 5, 1997 |
Introduced in the House by Kay Granger (R-Texas) |