A bill to amend the Internal Revenue Code of 1986 to allow the use of United States savings bonds for any individual's higher education expenses to qualify for an income exclusion.

openUnited States· United States Congress· EN

Introduced

7 February 1989

Last action

—

Status

Committee on Finance. Hearings held.

Summary

Amends the Internal Revenue Code to exclude from gross income any income from U.S. savings bonds used to pay tuition and fees of any individual at an institution of higher learning or vocational school. (Current law limits the exclusion to educational expenses of the taxpayer, spouse, or dependent.)

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Votes

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Versions

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Documents

2 official files

Introduced in Senate (text)
Introduced in Senate · EN
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Introduced in Senate
summary · EN · 7 February 1989
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/101st-congress/senate-bill/353
Open data entity: https://api.congress.gov/v3/bill/101/s/353