HR 6767 · 115th Congress · Taxation
To amend the Internal Revenue Code of 1986 to allow qualified education loan repayments from section 529 plans.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2018-09-10)
Plain Language Summary
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This bill amends the Internal Revenue Code to allow qualified tuition programs (known as 529 plans) to be used to repay qualified education loans. The bill allows up to $10,000 in distributions from a 529 plan to be used to pay the principal or interest on a qualified education loan of the designated beneficiary or a sibling of the beneficiary.…
Summarized by Claude AI · Non-partisan · For informational purposes only