A bill to amend the Internal Revenue Code of 1986 to extend the exclusion from gross income of proceeds from United States savings bonds which are used to pay higher education expenses.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code with respect to the tax exclusion of U.S. savings bonds used to pay higher education tuition and fees to remove the requirement that such expenses be for the enrollment or attendance of the taxpayer, the taxpayer's spouse, or the taxpayer's dependent.…