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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

5 August 1997 · Committee

Status

See H.R.2014.

Sponsors

Rep. Price, David E. [D-NC-4], Rep. Etheridge, Bob [D-NC-2], Rep. Ford, Harold E., Jr. [D-TN-9], Rep. Pelosi, Nancy [D-CA-11], Rep. Clayton, Eva M. [D-NC-1], Rep. Fattah, Chaka [D-PA-2], Rep. Boucher, Rick [D-VA-9], Rep. Watt, Melvin L. [D-NC-12], Rep. Gonzalez, Henry B. [D-TX-20], Rep. Walsh, James T. [R-NY-25], Rep. Filner, Bob [D-CA-51], Rep. Hefner, W. G. (Bill) [D-NC-8], Rep. McIntyre, Mike [D-NC-7], Rep. Kind, Ron [D-WI-3], Rep. Abercrombie, Neil [D-HI-1], Rep. Conyers, John, Jr. [D-MI-13], Rep. Frost, Martin [D-TX-24], Rep. Rush, Bobby L. [D-IL-1], Rep. Gejdenson, Sam [D-CT-2], Rep. Sawyer, Tom [D-OH-14], Rep. Wynn, Albert Russell [D-MD-4], Rep. Slaughter, Louise McIntosh [D-NY-25], Rep. DeGette, Diana [D-CO-1], Rep. Evans, Lane [D-IL-17], Rep. Foglietta, Thomas M. [D-PA-1], Rep. Lofgren, Zoe [D-CA-18], Del. Underwood, Robert A. [D-GU-At Large], Rep. Weygand, Robert A. [D-RI-2], Rep. Kucinich, Dennis J. [D-OH-10], Rep. Woolsey, Lynn C. [D-CA-6], Del. Faleomavaega, Eni F. H. [D-AS-At Large], Rep. Sandlin, Max [D-TX-1], Rep. Hefley, Joel [R-CO-5], Rep. Clement, Bob [D-TN-5], Rep. McGovern, James P. [D-MA-2], Rep. Pastor, Ed [D-AZ-4], Rep. Blagojevich, Rod R. [D-IL-5], Del. Christensen, Donna M. [D-VI-At Large], Rep. Turner, Jim [D-TX-2], Rep. Ackerman, Gary L. [D-NY-5], Rep. Thompson, Bennie G. [D-MS-2], Rep. English, Phil [R-PA-3], Rep. Lowey, Nita M. [D-NY-17], Rep. Dellums, Ronald V. [D-CA-9], Rep. Brown, George E., Jr. [D-CA-42], Rep. Paul, Ron [R-TX-14], Rep. Gephardt, Richard A. [D-MO-3], Rep. Costello, Jerry F. [D-IL-12]

Subjects

Taxation, Education

Source updated

21 August 2025

Taxation · Education

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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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 4 February 1997

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 4 February 1997

    Introduced

    Sponsor introductory remarks on measure. (CR E150)

    Source: IntroReferral

  3. 4 February 1997

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 4 February 1997

    Introduced

    Introduced in House

    Source: IntroReferral

  5. 5 August 1997

    Committee

    See H.R.2014.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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Leesvertaling

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  • Introduced in House (text)

    Introduced in House · EN · 6 February 1997

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 6 February 1997

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 4 February 1997

    Open at official source

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Sponsors

Showing 48 of 59 sponsors and actors.

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Sources

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