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United States · Bill · HR

H.R. 4319 (102nd)

Higher Education Finance Improvement Act

referredUnited States· United States Congress· EN

Introduced

26 February 1992

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

26 August 2025

Summary

Higher Education Finance Improvement Act - Amends the Internal Revenue Code to allow an income tax deduction for interest on any indebtedness incurred: (1) to pay the higher educational expenses of the taxpayer, spouse, or child; and (2) pursuant to a Federal or State loan guarantee or insurance program. (Under current law, such a loan must be secured by an interest in real property.) Allows penalty-free withdrawals from qualified retirement plans for the payment of qualified higher education expenses.

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Documents

2 official files

Introduced in House (text)

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