legislation: 104-hr-4323

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
104-hr-4323 104 hr 4323 Family Affordable College Tuition Act of 1996 Taxation 1996-09-28 1996-09-28 Referred to the House Committee on Ways and Means. House Rep. Schumer, Charles E. [D-NY-9] NY D S000148 1 Family Affordable College Tuition Act of 1996 - Amends the Internal Revenue Code to provide an income-adjusted deduction for qualified higher education expenses and qualified higher education loan interest paid during the tax year. Provides an income-adjusted deduction of up to $4000 for payments made to a qualified (higher) education savings plan during the tax year. Excludes plan distributions used to pay qualified education costs from gross income and dependent support determinations. 2025-08-21T20:16:14Z  

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