A bill to amend the Internal Revenue Code of 1954 to allow a taxpayer a deduction from gross income for expenses paid by him for the education of any of his dependents at any institution of higher education.

[AI summary unavailable — showing source text] Allows a taxpayer a deduction from gross income under the Internal Revenue Code for up to $1500 of the expenses paid by him for the education of any of his dependents at an institution of higher learning.…