Collegiate Learning and Student Savings Act

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.

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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

No vote records are attached yet.

Versions

• Introduced in Senate · 31 July 1998 · Official file

Documents

3 official files

• 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

  DownloadOpen at official source

• Introduced in Senate

  summary · EN · 31 July 1998

  Open at official source

Sponsors

• Sen. Sessions, Jeff [R-AL] · R · Sponsor
• Sen. Graham, Bob [D-FL] · D · Sponsor
• Sen. McConnell, Mitch [R-KY] · R · Sponsor
• Sen. Coverdell, Paul [R-GA] · R · Sponsor
• Rep. Cochran, Thad [R-MS-4] · R · Cosponsor
• Sen. Abraham, Spencer [R-MI] · R · Cosponsor
• Sen. Mack, Connie, III [R-FL] · R · Cosponsor
• Sen. Grams, Rod [R-MN] · R · Cosponsor
• · ssfi00 · Standing

Related records

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