To allow a Hope Scholarship Credit for expenses paid in December 1997 for education furnished in academic periods beginning after 1997.

[AI summary unavailable — showing source text] Allows taxpayers to elect to have expenses which they paid in December 1997 for education furnished in academic periods beginning after 1997 considered as having been paid in January 1998 for purposes of the Hope Scholarship Credit under the Internal Revenue Code as amended by the Taxpayer Relief Act of 1997 (Public Law 105-34).…