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- H.R.656
H.R.656: To amend the Internal Revenue Code of 1986 to provide that distributions from qualified State tuition programs which are used to pay educational expenses shall not be includible in gross income and to include as such expenses the cost of room and board.
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about taxation
- Introduced Feb. 10, 1997
- Latest Major Action Feb. 10, 1997
Bill Sponsor
Bill Cosponsors
9 (1 Democrat, 9 Republicans)
Bill Summary
Amends the Internal Revenue Code to revise provisions concerning distributions from State tuition programs to: (1) provide for the exclusion from income of distributions used exclusively for qualified higher education expenses; and (2) include the expenses of room and board in the definition of qualified higher education expenses.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| Feb. 10, 1997 |
Introduced in the House by Spencer Bachus (R-Ala.) |