A bill to amend the Internal Revenue Code of 1986 to conform the definitions of qualifying expenses for purposes of education tax benefits.

Summary

Amends the Internal Revenue Code to provide a uniform definition of higher education expenses for purposes of provisions allowing for: (1) penalty-free distributions from individual retirement accounts (IRAs) for education expenses; (2) tax exclusions for the value of college scholarships and for income from U.S. savings bonds used to pay education expenses; (3) the tax deduction for qualified tuition and related expenses; and (4) qualified tuition programs.

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Timeline

1. 21 May 2009

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 21 May 2009

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 21 May 2009 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 21 May 2009

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 21 May 2009

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 21 May 2009

  Open at official source

Sponsors

• Sen. Lincoln, Blanche L. [D-AR] · D · Sponsor
• · ssfi00 · Standing

Related records

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