HR 254 · 106th Congress · Taxation

Collegiate Learning and Student Savings Act

Introduced 1999-01-06· Sponsored by Rep. Scarborough, Joe [R-FL-1]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Finance and Hazardous Materials, for a period to be subsequently determined by the Chairman.(1999-01-19)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

2 Democrats18 Republicans
Rep. Weller, Jerry [R-IL-11]IL
Rep. Miller, Dan [R-FL-13]FL
Rep. Riley, Bob [R-AL-3]AL
Rep. Mascara, Frank [D-PA-20]PA
Rep. Salmon, Matt [R-AZ-1]AZ
Rep. Ewing, Thomas W. [R-IL-15]IL
Rep. Chenoweth-Hage, Helen [R-ID-1]ID
Rep. Goodling, William F. [R-PA-19]PA
Rep. McKeon, Howard P. "Buck" [R-CA-25]CA
Rep. Boucher, Rick [D-VA-9]VA
Rep. Schaffer, Bob [R-CO-4]CO
Rep. Gilman, Benjamin A. [R-NY-20]NY
Rep. Manzullo, Donald A. [R-IL-16]IL
Rep. Tancredo, Thomas G. [R-CO-6]CO
Rep. Watkins, Wes [R-OK-3]OK
Rep. McCollum, Bill [R-FL-8]FL
Rep. Ros-Lehtinen, Ileana [R-FL-18]FL
Rep. Hostettler, John N. [R-IN-8]IN
Rep. Paul, Ron [R-TX-14]TX
Rep. Pitts, Joseph R. [R-PA-16]PA