S.1116: Affordable Education Act

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about taxation
  • Introduced July 31, 1997
  • Latest Major Action July 31, 1997

Bill Cosponsor

Bill Summary

Affordable Education Act - Amends the Internal Revenue Code (as revised by the Taxpayer Relief Act of 1997) to exclude from income distributions from qualified tuition programs used for qualifying higher education expenses. Includes within the definition of "qualified State tuition program" programs maintained by eligible educational institutions. Requires such non-State programs to limit annual contributions on behalf of a designated...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Finance.
July 31, 1997

Introduced in the Senate by William V. Roth Jr. (R-Del.)

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