S.680: Go to College Tax Incentives Act

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about taxation
  • Introduced May 1, 1997
  • Latest Major Action May 1, 1997

Bill Summary

Go to College Tax Incentives Act - Amends the Internal Revenue Code to allow a credit (based on adjusted gross income), of up to $1500, for the interest paid on any qualified education loan of a student (who is at least a half-time student) for qualified higher education expenses during the first 60 months interest payments are due. Sets forth rules, with respect to such credit, concerning, among other things: (1) dependents; (2) the taking of...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Finance.
May 1, 1997

Introduced in the Senate by Olympia J. Snowe (R-Maine)

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