To amend the Internal Revenue Code of 1986 to provide for a deduction for qualified higher education expenses.
Families Educational Opportunity Act of 1997 - Amends the Internal Revenue Code to allow an individual a deduction for the amount of qualified higher education expenses paid by the individual. Limits the amount allowed to $10,000. Provides for a limitation based on modified adjusted gross income.
Disapproval bills introduced: S. 1157 and H.R. 2444.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
See H.R.2014.
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