United States · Bill · HR
H.R. 396 (103rd)
To amend the Internal Revenue Code of 1986 to restore the prior law exclusion for scholarships and fellowships and to restore the deduction for interest on educational loans.
Introduced
5 January 1993
Last action
5 January 1993 · Introduced
Status
Referred to the House Committee on Ways and Means.
Sponsors
Rep. Solomon, Gerald B. H. [R-NY-22], Rep. McHugh, John M. [R-NY-23], Rep. Cox, Christopher [R-CA-48], Rep. Zeliff, William H., Jr. [R-NH-1], Rep. Schiff, Steven [R-NM-1], Rep. Diaz-Balart, Lincoln [R-FL-21], Rep. Saxton, Jim [R-NJ-3], Rep. Ewing, Thomas W. [R-IL-15], Rep. Oxley, Michael G. [R-OH-4], Rep. Gallegly, Elton [R-CA-24], Rep. King, Peter T. [R-NY-2], Rep. Sensenbrenner, F. James, Jr. [R-WI-5], Rep. Fish, Hamilton, Jr. [R-NY-19], Rep. Mink, Patsy T. [D-HI-2], Rep. Fowler, Tillie [R-FL-4], Rep. Kim, Jay [R-CA-41], Rep. Baker, Bill [R-CA-10], Rep. Engel, Eliot L. [D-NY-16]
Subjects
Taxation
Source updated
2 January 2025
Summary
Repeals provisions of the Tax Reform Act of 1986 that restrict the types of scholarships and fellowship grants that may be excluded from gross income for income tax purposes. Amends the Internal Revenue Code to allow an income tax deduction for interest on a qualified educational loan incurred to pay the educational expenses of the taxpayer, spouse, or dependent. Eliminates the current requirement that such indebtedness be secured by an interest in real property.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
5 January 1993
Introduced
Referred to the House Committee on Ways and Means.
Source: IntroReferral
5 January 1993
Introduced
Introduced in House
Source: IntroReferral
5 January 1993
Introduced
Introduced in House
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in House · 5 January 1993 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 5 January 1993
Introduced in House (PDF)
Introduced in House · EN · 5 January 1993
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Introduced in House
summary · EN · 5 January 1993
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Solomon, Gerald B. H. [R-NY-22] · R · Sponsor
- Rep. McHugh, John M. [R-NY-23] · R · Cosponsor
- Rep. Cox, Christopher [R-CA-48] · R · Cosponsor
- Rep. Zeliff, William H., Jr. [R-NH-1] · R · Cosponsor
- Rep. Schiff, Steven [R-NM-1] · R · Cosponsor
- Rep. Diaz-Balart, Lincoln [R-FL-21] · R · Cosponsor
- Rep. Saxton, Jim [R-NJ-3] · R · Cosponsor
- Rep. Ewing, Thomas W. [R-IL-15] · R · Cosponsor
- Rep. Oxley, Michael G. [R-OH-4] · R · Cosponsor
- Rep. Gallegly, Elton [R-CA-24] · R · Cosponsor
- Rep. King, Peter T. [R-NY-2] · R · Cosponsor
- Rep. Sensenbrenner, F. James, Jr. [R-WI-5] · R · Cosponsor
- Rep. Fish, Hamilton, Jr. [R-NY-19] · R · Cosponsor
- Rep. Mink, Patsy T. [D-HI-2] · D · Cosponsor
- Rep. Fowler, Tillie [R-FL-4] · R · Cosponsor
- Rep. Kim, Jay [R-CA-41] · R · Cosponsor
- Rep. Baker, Bill [R-CA-10] · R · Cosponsor
- Rep. Engel, Eliot L. [D-NY-16] · D · Cosponsor
- · hswm00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/103rd-congress/house-bill/396
- Open data entity: https://api.congress.gov/v3/bill/103/hr/396
- us · 103-hr-396 · source updated 2 January 2025