Education Affordability Act of 1997 - Amends the Internal Revenue Code to: (1) exclude qualified scholarships and fellowships from income; (2) allow the deduction of interest on qualified educational loans; and (3) permit distributions from individual retirement accounts to be used for qualified educational expenses.
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E150)
Referred to the House Committee on Ways and Means.
See H.R.2014.
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