HR 6767 · 115th Congress · Taxation

To amend the Internal Revenue Code of 1986 to allow qualified education loan repayments from section 529 plans.

Introduced 2018-09-10· Sponsored by Rep. Paulsen, Erik [R-MN-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2018-09-10)

Plain Language Summary

[AI summary unavailable — showing source text] 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