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United States · Bill · HR

H.R. 553 (105th)

Education Affordability Act of 1997

openUnited States· United States Congress· EN

Introduced

4 February 1997

Last action

Status

See H.R.2014.

Sponsors

Subjects

Discovery layer

Source updated

21 August 2025

Summary

Education Affordability Act of 1997 - Amends the Internal Revenue Code to: (1) exclude qualified scholarships and fellowships from income; (2) allow the deduction of interest on qualified educational loans; and (3) permit distributions from individual retirement accounts to be used for qualified educational expenses.

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Documents

3 official files

Introduced in House (text)

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