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Bill· HRH.R. 5570 (100th)referred
United States · United States Congress · 21 October 1988
Child Care Tax Act of 1988 - Amends the Internal Revenue Code to increase from 30 to 50 percent the percentage used to determine the dependent care income tax credit for employment-related expenses in connection with non-handicapped taxpayer dependents under age 15. Reduces the credit (but not below 20 percent) when adjusted gross income exceeds $10,000. Disallows government-subsidized child care expenses in credit calculations. Directs the Secretary of the Treasury to prescribe tables to permit credit payments by employers through payroll withholding mechanisms. Treats 70 percent of the 30 percent dependent care credit for taxpayers with adjusted gross income of $40,000 or less as a refundable credit, administered through the earned income credit.
Bill· HRH.R. 5565 (100th)referred
United States · United States Congress · 21 October 1988
Amends the Internal Revenue Code to permit a $100 nonrefundable income tax credit to any active member of a qualified volunteer fire department.
Bill· HRH.R. 5564 (100th)referred
United States · United States Congress · 21 October 1988
Amends the Internal Revenue Code to exclude from gross income up to $350,000 (lifetime total) of capital gain from the transfer of property in complete or partial satisfaction of qualified farm indebtedness of a taxpayer: (1) whose modified gross income is below the relevant statewide median; (2) whose gross receipts for three of the preceding five years are at least 80 percent attributable to farming; and (3) whose equity in all property held after the transfer in question is less than either $25,000 or 150 percent of income tax liability. Applies a comparable exclusion with respect to the discharge of qualified farm indebtedness of solvent farmers: (1) who meet the first two criteria listed above; (2) whose indebtedness both before and after the transfer equals at least 70 percent or more of equity; and (3) whose equity in all property after the discharge equals less than $100,000. Permits both tax exclusions retroactively with respect to taxable years 1987 and thereafter. Treats the estate and not the individual as the taxpayer with respect to the reduction of tax attributes in cases of bankruptcy relating to adjustment of the debts of family farmers (chapter 12 cases). Treats the abandonment of property by a chapter 7 (liquidation) bankruptcy estate as a taxable transfer, thus placing any resulting tax liability with the estate rather than the individual debtor.
Resolution· HRESH.Res. 598 (100th)passed
United States · United States Congress · 20 October 1988
Provides for taking from the Speaker's table H.R. 2020 (Office of Environmental Quality), with the Senate amendment thereto, and concurring in the Senate amendment with an amendment.
Bill· HRH.R. 5542 (100th)referred
United States · United States Congress · 19 October 1988
Amends the Internal Revenue Code to repeal the additional tax on early distributions from qualified retirement plans, including individual retirement accounts and annuities.
Bill· HRH.R. 5543 (100th)referred
United States · United States Congress · 19 October 1988
Amends the Revenue Act of 1987 to exempt from user fees in connection with various requests to the Internal Revenue Service: (1) any application for a favorable determination (other than for an initial determination letter) on behalf of a tax-deferred compensation plan, unless it involves an amendment to conform the plan to subsequently-enacted Federal law, regulation, or other administrative announcement; and (2) any request for a private letter ruling with respect to such a plan, unless it relates to changes in Federal law or regulations since the plan's adoption.
Bill· SS. 2908 (100th)referred
United States · United States Congress · 18 October 1988
Prohibits the retroactive application of any interpretation or recordkeeping requirement pursuant to the Internal Revenue Code in connection with any investment tax credit or cost recovery deduction claimed by a taxpayer with respect to a qualified intermodal cargo container. Treats such containers as used in the transportation of property to and from the United States. Permits changes in the tax treatment of such containers only by future regulations that must: (1) apply prospectively only; and (2) treat these containers at least as favorably as other specified types of equipment used in international transportation.
Bill· HRH.R. 5522 (100th)referred
United States · United States Congress · 13 October 1988
Energy Security Incentive Act of 1988 - Amends the Internal Revenue Code to treat certain geological and geophysical costs and surface casing costs as intangible drilling and development costs that a taxpayer may elect to capitalize or to deduct for income tax purposes. Exempts oil and gas wells from the application of the net income limitation on percentage depletion. Revises the percentage depletion allowance applicable to oil and gas wells, retaining a 15 percent minimum, but increasing the percentage incrementally (to a maximum of 30 percent) as the average annual removal price falls below $20. Permits a percentage depletion income tax deduction for proven oil and gas wells that have been transferred to a new owner. (Current law disallows the deduction after such a transfer.) Repeals provisions that tax as ordinary income any gains from dispositions of oil, gas, or geothermal wells. Establishes a marginal production income tax credit for producers who maintain economically unproductive oil wells. Applies the credit to domestic crude that is: (1) from stripper well property; (2) heavy oil; or (3) oil recovered through a tertiary recovery method. Fixes the credit at ten percent of the qualified cost (determined in accordance with a formula set forth in this Act) of each barrel produced by the producer during the tax year. Provides for the carryback and carryforward of unused credits. Creates a crude oil and natural gas exploration and development tax credit as a component of the general business credit. Allows a five percent credit for qualified investments exceeding $10,000,000, ten percent for those of $10,000,000 or less. Permits the credit as an offset against the taxpayer's minimum tax liability. Terminates both credits three years after this Act's enactment. Directs the President to: (1) establish a National Oil Import Ceiling, that level (not to exceed 50 percent) above which foreign crude oil and petroleum products as a share of U.S. oil consumption shall not rise; and (2) prepare and submit to the Congress with the presidential budget an annual report containing three-year projections with respect to both domestic oil and gas demand and production, and crude oil and petroleum product imports, including certification as to whether the imports will exceed the ceiling level. Grants to the Congress ten continuous session days after submission of the projections to review them and to determine whether violations of annual ceiling levels will occur. Declares the presidential certification binding after the ten days, unless the Congress disapproves or modifies it by joint resolution. Requires the President, if the ceiling level will be exceeded, to submit to the Congress legislation to serve as an Energy Production and Oil Security Policy, which, if enacted, would prevent imports from exceeding the ceiling level. Authorizes the plan to include: (1) an oil import fee; (2) energy conservation actions; (3) expansion of the Strategic Petroleum Reserves; and (4) production incentives for domestic oil and gas. Repeals provisions that identify intangible drilling costs as a tax preference item for purposes of determining alternative minimum tax liability. Increases from 65 to 100 percent the taxable income limitation on the percentage depletion deduction for oil and gas property.
Bill· HRH.R. 5523 (100th)referred
United States · United States Congress · 13 October 1988
Alternative Fuels Incentive Act of 1988 - Amends the Internal Revenue Code to permit a 20 percent income tax credit for investments in qualified clean-burning (natural gas or alcohol) motor vehicle fuel property. Applies the credit to depreciable property that is: (1) equipment designed either to modify a motor vehicle so that it will be propelled only by a clean-burning fuel or to assist in delivering such fuel into such vehicles; or (2) a motor vehicle propelled by clean-burning fuel. Authorizes the Secretary of the Treasury to make credit-equivalent payments to States and to local governments in connection with qualified property. Provides for the recapture of credit amounts if the relevant property ceases to be eligible for the credit. Earmarks at least 25 percent of amounts transferred or credited to the Mass Transit Account in the Highway Trust Fund for grants to State and to local governments for clean-burning motor vehicle fuel property.
Bill· HRH.R. 5504 (100th)referred
United States · United States Congress · 12 October 1988
Amends Federal law to revise the formula used, in connection with Bureau of Land Management (BLM) holdings, to determine the amount of payments the Secretary of the Interior must make to local governments in lieu of taxes, permitting a payment option equal to three-fourths of one percent of the fair market value of the entitlement land, up to the amount that would be due if the land were subject to local property tax. Directs the Secretary, not later than July 1, 1990, and at least every five years thereafter, to appraise all entitlement lands to determine fair market value. Requires indexing of per acre formulas used to determine payments in lieu of taxes with respect to both BLM and National Wildlife Refuge System lands. Amends the Refuge Revenue Sharing Act to appropriate rather than authorize the appropriation of funds to the Refuge Revenue Sharing Fund whenever receipts are less than aggregate required payments. Authorizes the Secretary of the Interior to reduce payments (based on fair market value) in lieu of taxes in connection with National Wildlife Refuge System lands that exceed amounts that would be due if the land were subject to local property tax.
Bill· HRH.R. 5506 (100th)referred
United States · United States Congress · 12 October 1988
Repeals specified provisions of the Tax Reform Act of 1986 that eliminated income averaging. Provides that the Internal Revenue Code (IRC) be applied and administered as if such provisions had not been enacted. Amends the IRC to restore income averaging for a person: (1) actively engaged in the trade or business of farming, including aquaculture; and (2) whose average annual gross income for the three preceding taxable years is at least 50 percent attributable to farming.
Bill· HRH.R. 5512 (100th)referred
United States · United States Congress · 12 October 1988
Amends the Internal Revenue Code to exclude dispositions of land valued under use value principles and transferred to a member of the qualified heir's family from provisions requiring accelerated payment of deferred estate tax liability in qualified instances in which the estate consists largely of interest in a closely held business.
Bill· HRH.R. 5505 (100th)referred
United States · United States Congress · 12 October 1988
Waste End Revenue Act - Amends the Internal Revenue Code to impose a per ton tax on: (1) the exportation of hazardous waste from the United States (liability for the tax is on the exporter); and (2) the receipt of hazardous waste at a qualified hazardous waste management unit (liability is on the owner or operator of the unit) or for transport from the United States for ocean disposal (liability is on permittee). Sets the initial (1989) rate of the tax at $27.00 for land disposal (increasing annually to a maximum of $43.00 for 1993 and thereafter), and $2.70 ($3.00 in 1993) for any other taxable event. Establishes exceptions to the tax, including hazardous waste received at a U.S.-owned facility or at any waste treatment unit, unless the unit requires corrective action that has not been completed. Provides for reduced tax liability when the waste has already been subjected to the waste management tax or to the tax on waste generation. Permits as a credit or refund any waste management tax paid in connection with: (1) hazardous waste incinerated on land or a battery recycled within 90 days after receipt at the waste management site; or (2) waste used by a producer of a qualified chemical fuel or solvent to be sold for industrial or commercial use. Imposes a per ton waste generation tax on hazardous waste that has been neither received for proper disposal nor exported within 270 days of being generated. Applies the same rates as those of the hazardous waste management tax. Places liability for the tax on the producer of the waste. Permits some of the same exemptions established in connection with the waste management tax, as well as exemptions for generators of small amounts of waste and waste legally disposed of in publicly owned treatment works. Authorizes the Secretary of the Treasury to provide for other exemptions. Describes reporting requirements with respect to the hazardous waste management tax. Imposes penalties on persons who fail to report or who underpay environmental excise taxes because of negligence or disregard of rules and regulations.
Resolution· HRESH.Res. 585 (100th)failed
United States · United States Congress · 12 October 1988
Waives points of order against the conference report on H.R. 4585 (education funding) and against its consideration.
Resolution· HRESH.Res. 586 (100th)passed
United States · United States Congress · 12 October 1988
Makes it in order to take from the Speaker's table H.R. 4416 (library funding), with the Senate amendment thereto, and to concur in the Senate amendment.
Resolution· HRESH.Res. 583 (100th)passed
United States · United States Congress · 12 October 1988
Provides for taking from the Speaker's table H.R. 2266 (pipeline safety), with the Senate amendment thereto, and concurring in the Senate amendment with an amendment.
Resolution· HRESH.Res. 581 (100th)passed
United States · United States Congress · 12 October 1988
Waives points of order against the conference report on S. 2749 (armed forces funding) and against its consideration.
Bill· SS. 2873 (100th)referred
United States · United States Congress · 7 October 1988
Amends the Internal Revenue Code to exclude from gross income up to $350,000 (lifetime total) of capital gain from the transfer of property in complete or partial satisfaction of qualified farm indebtedness of a taxpayer: (1) whose modified gross income is below the relevant statewide median; (2) whose gross receipts for three of the preceding five years are at least 80 percent attributable to farming; and (3) whose equity in all property held after the transfer in question is less than either $25,000 or 150 percent of income tax liability. Applies a comparable exclusion with respect to the discharge of qualified farm indebtedness of solvent farmers: (1) who meet the first two criteria listed above; (2) whose indebtedness both before and after the transfer equals at least 70 percent or more of equity; and (3) whose equity in all property after the discharge equals less than $100,000. Permits both tax exclusions retroactively with respect to taxable years 1987 and thereafter. Treats the estate and not the individual as the taxpayer with respect to the reduction of tax attributes in cases of bankruptcy relating to adjustment of the debts of family farmers (chapter 12 cases). Treats the abandonment of property by a chapter 7 (liquidation) bankruptcy estate as a taxable transfer, thus placing any resulting tax liability with the estate rather than the individual debtor.
Bill· HRH.R. 5484 (100th)referred
United States · United States Congress · 6 October 1988
Amends the Internal Revenue Code to apply a fixed rate of interest to deferred estate tax in connection with reversionary or remainder interests in property included in an estate. Prescribes the interest rate, based on the interrelationship between the underpayment rate and the discount rate used to value the particular interest.
Bill· SS. 2859 (100th)referred
United States · United States Congress · 4 October 1988
Amends the Internal Revenue Code with respect to the income tax credit for producing fuel from a nonconventional source, revising special qualifying rules for gas from tight formations to repeal a requirement that the price of such gas be regulated by the United States. Applies this amendment retroactively with respect to taxable years 1985 and thereafter.
Bill· HRH.R. 5447 (100th)referred
United States · United States Congress · 3 October 1988
Amends the Internal Revenue Code to permit a taxpayer aged 55 or older to qualify for the one-time income tax exclusion of gain from the sale of a principal residence even if the taxpayer's spouse already took advantage of the exclusion before marrying the taxpayer.
Bill· HRH.R. 5429 (100th)referred
United States · United States Congress · 30 September 1988
Amends the Internal Revenue Code to create a special rule under which a foreign corporation will not be treated as a passive foreign investment company if it is a controlled foreign corporation that engages in substantial manufacturing or production activities in a foreign country that: (1) treats the corporation as a resident; and (2) had a deficit in its trade balance with the United States for the preceding calendar year.
Resolution· HRESH.Res. 557 (100th)passed
United States · United States Congress · 29 September 1988
Sets forth the rule for the consideration of S. 2749 (armed forces funding).
Bill· HRH.R. 5413 (100th)referred
United States · United States Congress · 28 September 1988
Amends the Internal Revenue Code to index the basis of a taxpayer's principal residence for various income tax purposes affected by the sale or other disposition of the residence. Uses an inflation ratio based on the Consumer Price Index.
Law· HJRESH.J.Res. 665 (100th)enacted
United States · United States Congress · 28 September 1988
Waives certain laws with respect to the printing (on parchment or otherwise) of the enrollment of any general appropriations bill making appropriations for FY 1989. Declares that the enrollment of such bills shall be in such form as the Committee on House Administration certifies to be a true enrollment. Provides for the subsequent, post-enactment preparation of printed enrollments of such bills.
Resolution· HRESH.Res. 555 (100th)passed
United States · United States Congress · 28 September 1988
Waives points of order against the conference report on H.R. 4781 (armed forces funding) and against its consideration.
Resolution· HRESH.Res. 553 (100th)passed
United States · United States Congress · 28 September 1988
Waives points of order against the conference report on H.R. 4587 (legislative branch appropriations) and against its consideration.
Resolution· HRESH.Res. 554 (100th)passed
United States · United States Congress · 28 September 1988
Makes it in order to consider a motion to recede and concur in a Senate amendment with an amendment to H.R. 4637 (foreign operations and related programs funding).
Bill· SS. 2833 (100th)referred
United States · United States Congress · 27 September 1988
Education Savings Act of 1988 - Amends the Internal Revenue Code to permit an income tax exclusion to a taxpayer who transfers a qualified U.S. savings bond to an eligible institution of higher education or vocational school to pay the higher education expenses (tuition, fees, books, supplies, and equipment) of the taxpayer or any other individual. Excludes from gross income the lesser of: (1) the otherwise taxable amount involved in the transfer; or (2) the amount of the relevant higher education expenses. Phases out the permissible exclusion in the case of taxpayers having adjusted gross income of $60,000 or more, disallowing it entirely when income exceeds $80,000. Directs the Secretary of the Treasury to advise the general public of the program established by this Act. Amends Federal law to permit: (1) the type of transfer of U.S. savings bonds that would be necessary to effect the tax exclusions described in this Act; and (2) redemption of such bonds by recipient institutions.
Bill· HRH.R. 5397 (100th)referred
United States · United States Congress · 27 September 1988
Child Care Tax Incentive Act of 1988 - Amends the Internal Revenue Code to increase from 30 to 40 percent the percentage used to determine the dependent care income tax credit for employment-related expenses in connection with non-handicapped taxpayer dependents under age 15. Reduces the credit (but not below 20 percent) when adjusted gross income exceeds $10,000. Disallows government-subsidized child care expenses in credit calculations. Directs the Secretary of the Treasury to prescribe tables to permit credit payments by employers through payroll withholding mechanisms. Treats 70 percent of the 30 percent dependent care credit for taxpayers with adjusted gross income of $40,000 or less as a refundable credit, administered through the earned income credit.
Resolution· HRESH.Res. 548 (100th)passed
United States · United States Congress · 27 September 1988
Waives points of order against the consideration of the conference reports on general appropriations bills for FY 1989. Sets forth the rule for the consideration of a joint resolution consisting of the text printed in the Committee on Rules report accompanying this resolution. Lays on the table H. Res. 314 (old age services rule), H. Res. 316 (budget process revisions rule), H. Res. 333 (continuing appropriations rule), H. Res. 342 (continuing appropriations rule), and H. Res. 523 (student loan defaults rule).
Bill· HRH.R. 5385 (100th)referred
United States · United States Congress · 26 September 1988
Amends the Federal judicial code to prohibit States from: (1) imposing a higher tax assessment ratio upon telecommunications service property than is imposed upon other commercial and industrial property; (2) collecting an ad valorem property tax on telecommunications service property at a tax rate that exceeds the rate applicable to commercial and industrial property in the same assessment jurisdiction; and (3) imposing any other tax that discriminates against a telecommunications common carrier subject to the jurisdiction of the Federal Communications Commission. Grants Federal district courts concurrent jurisdiction (without regard to the amount in controversy or the citizenship of the parties) to enjoin, suspend, restrain, or set aside such discriminatory tax treatment. Permits relief only if the ratio of assessed value to true market value of telecommunications service property exceeds by at least five percent that of other commercial and industrial property in the taxing jurisdiction. Expresses the sense of the Congress that any savings accrued by reason of the enactment of this Act should be passed on to consumers.
Resolution· HRESH.Res. 545 (100th)passed
United States · United States Congress · 26 September 1988
Waives points of order against the consideration of the conference report on H.R. 4782 (Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies appropriations).
Bill· SS. 2827 (100th)open
United States · United States Congress · 23 September 1988
Amends the United States Institute of Peace Act to provide a permanent authorization of appropriations for the United States Institute of Peace. Repeals a provision prohibiting the use of Federal funds to pay for private fringe benefit programs.
Bill· HRH.R. 5374 (100th)referred
United States · United States Congress · 23 September 1988
Amends the Internal Revenue Code to permit a nonrefundable credit of 20 percent of qualified adoption expenses paid or incurred by the taxpayer in connection with the legal adoption of a child with special needs. Limits the amount of the credit to $600.
Bill· HRH.R. 5371 (100th)referred
United States · United States Congress · 23 September 1988
Radon Reduction Incentives Act of 1988 - Treats amounts paid for home improvements necessary to mitigate measured harmful levels of radon gas exposure as medical care expenses for purposes of the medical care expense income tax deduction.
Bill· HRH.R. 5367 (100th)referred
United States · United States Congress · 23 September 1988
Repeals a provision of the Internal Revenue Code that subjects corporations to the accumulated earnings tax regardless of the number of shareholders.
Bill· HRH.R. 5350 (100th)referred
United States · United States Congress · 23 September 1988
Amends the Internal Revenue Code to deny tax-exempt status to any bond if the issuance costs associated with it and published for public notification exceed specified percentages based on the proceeds of the issue, from a minimum of one percent (proceeds over $75,000,000) to a maximum of three and one-half percent (proceeds of $5,000,000 or less). Declares inapplicable any Treasury regulation that treats insurance premiums paid to insure a government bond, as well as other credit enhancement devices, as interest for purposes of arbitrage restrictions. Reduces from two percent to one percent the portion of issuance costs that may be financed by private activity bonds.
Bill· SS. 2820 (100th)referred
United States · United States Congress · 22 September 1988
Amends Federal law to prohibit any State from imposing an income tax on the pension income of any individual who is not a resident or domiciliary of such State.
Bill· HRH.R. 5339 (100th)referred
United States · United States Congress · 22 September 1988
Excludes from gross income, for purposes of both the Federal and the Guam territorial income tax, any amount received in connection with judicial review by the District Court of Guam of certain claims adjudicated between July 21, 1944, and August 23, 1963, concerning just compensation for land. Applies the exclusion retroactively to taxable years 1986 and thereafter.
Bill· HRH.R. 5330 (100th)referred
United States · United States Congress · 16 September 1988
Cooperative Organ Transplant Contributions Act of 1988 - Amends the Internal Revenue Code to allow taxpayers to designate on their income tax returns that any portion of their income tax refund or any cash donation included with the return be paid to the National Organ Transplant Trust Fund. Establishes in the Treasury the National Organ Transplant Trust Fund and appropriates to it amounts equal to those designated on tax returns, as well as any other cash contributions made to it. Directs each State to establish a program through which Fund monies will be used to provide assistance in paying the costs of organ transplantation procedures and immunosuppressive drugs for individuals who meet certain financial need requirements and who have a medical condition for which a transplant procedure is reasonably medically necessary. Prescribes conditions to govern Fund administration. Permits payment of Fund monies to a State only if the Secretary of Health and Human Services certifies that the State is properly carrying out its program and has fully accounted for previously received monies. Requires the State's chief health officer to place monies received from the Fund into a separate interest-bearing account, to be disbursed only to eligible individuals. Limits the ways in which States may use Fund monies. Requires each State to submit an annual report concerning its organ transplant program.
Bill· HRH.R. 5314 (100th)referred
United States · United States Congress · 15 September 1988
Tax Fairness for Farmers Act of 1988 - Repeals specified provisions of the Tax Reform Act of 1986 that eliminated income averaging. Provides that the Internal Revenue Code (IRC) be applied and administered as if such provisions had not been enacted. Amends the IRC to restore income averaging for a person: (1) actively engaged in the trade or business of farming, including aquaculture; and (2) whose average annual gross income for the three preceding taxable years is at least 50 percent attributable to farming.
Bill· SS. 2787 (100th)referred
United States · United States Congress · 14 September 1988
Coal Production Tax Incentive Act of 1988 - Amends the Internal Revenue Code to: (1) increase from eight percent to ten percent the percentage depletion allowance for coal; (2) include 50 percent rather than 100 percent of the coal percentage depletion allowance as a tax preference item for alternative minimum tax purposes; (3) permit expensing of coal exploration and development costs; and (4) allow reclamation fees paid by coal operators to be credited against environmental tax liability.
Bill· SJRESS.J.Res. 377 (100th)referred
United States · United States Congress · 14 September 1988
Constitutional Amendment - Prohibits Federal taxation of the interest derived from State obligations issued for a public purpose.
Bill· SS. 2784 (100th)referred
United States · United States Congress · 13 September 1988
Amends the Internal Revenue Code to eliminate the limitation on the deductibility of policyholder loan interest incurred with respect to one or more life insurance policies when loan proceeds are used to fund post-retirement medical benefits under a nondiscriminatory employee benefit plan. (Under current law, an employer may not deduct such interest when the aggregate amount of loans per employee exceeds $50,000.)
Bill· SS. 2774 (100th)referred
United States · United States Congress · 9 September 1988
Waste Minimization Revenue Act of 1988 - Amends the Internal Revenue Code to impose fees of: (1) $7 per ton on virgin packaging materials; and (2) seven cents per wholesale container of plastic, glass, or metal. Exempts from the fee any packaging made of recycled materials. Establishes in the Treasury the Waste Disposal Assistance Trust Fund and describes how monies are to be appropriated to it.
Bill· HRH.R. 5276 (100th)referred
United States · United States Congress · 9 September 1988
Amends Federal law to prohibit any State from imposing an income tax on the pension income of any individual who is not a resident or domiciliary there.
Bill· HRH.R. 5256 (100th)referred
United States · United States Congress · 7 September 1988
Amends the Internal Revenue Code to exempt from minimum participation requirements any government pension plan established substantially for fire or police department employees.
Bill· SS. 2731 (100th)referred
United States · United States Congress · 11 August 1988
Amends the Internal Revenue Code to exclude from the ten percent additional tax on early distributions from qualified cash or deferred arrangements any distribution used to pay the educational expenses (tuition, fees, books, supplies, and reasonable living expenses) of the employee, spouse, or dependent at an institution of higher education or a vocational school.
Bill· SS. 2740 (100th)referred
United States · United States Congress · 11 August 1988
Requires that, for pre-1980 tax years, the Federal income tax deductibility of flight training expenses be determined without considering whether the taxpayer received reimbursement through veterans' educational programs.