To amend the Internal Revenue Code of 1986 to provide a deduction for higher education expenses.
Education and Training Affordability 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 $5,000 ($2,500 in case of a married individual filing separately). Provides for a limitation based on modified adjusted gross income and other limitations.
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E52)
Referred to the House Committee on Ways and Means.
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