H.R.82: Family Affordable College Tuition Act of 1997

About This Bill

Bill Summary

Family Affordable College Tuition Act of 1997 - Amends the Internal Revenue Code to provide an income-adjusted deduction for qualified higher education expenses and qualified higher education loan interest paid during the tax year. Provides an income-adjusted deduction of up to $4000 for payments made to a qualified (higher) education savings plan during the tax year. Excludes plan distributions used to pay qualified education costs from gross...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
See H.R.2014.
Jan. 7, 1997

Introduced in the House by Charles E. Schumer (D-N.Y.)

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