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United States · Bill · S

S. 2425 (105th)

Collegiate Learning and Student Savings Act

referredUnited States· United States Congress· EN

Introduced

31 July 1998

Last action

31 July 1998 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Sessions, Jeff [R-AL], Sen. Graham, Bob [D-FL], Sen. McConnell, Mitch [R-KY], Sen. Coverdell, Paul [R-GA], Sen. Cochran, Thad [R-MS], Sen. Abraham, Spencer [R-MI], Sen. Mack, Connie, III [R-FL], Sen. Grams, Rod [R-MN]

Subjects

Taxation, Education

Source updated

21 August 2025

Taxation · Education

Summary

Collegiate Learning and Student Savings Act - Amends the Internal Revenue Code to: (1) permit private higher educational institutions, in addition to currently permitted State institutions, to establish qualified tuition programs; and (2) exclude from gross income such program distributions used for qualified higher education expenses. Amends the Investment Company Act of 1940 to exempt qualified tuition programs from the definition of an investment company.

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

Timeline

  1. 31 July 1998

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 31 July 1998

    Introduced

    Sponsor introductory remarks on measure. (CR S9598)

    Source: IntroReferral

  3. 31 July 1998

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

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Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 31 July 1998

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 31 July 1998

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 31 July 1998

    Open at official source

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Sponsors

Related records

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Sources

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