US HB6767 | 2017-2018 | 115th Congress

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on September 10 2018 - 25% progression
Action: 2018-09-10 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

To amend the Internal Revenue Code of 1986 to allow qualified education loan repayments from section 529 plans. This bill amends the Internal Revenue Code to allow qualified tuition programs (known as 529 plans) to be used to repay qualified education loans. The bill allows up to $10,000 in distributions from a 529 plan to be used to pay the principal or interest on a qualified education loan of the designated beneficiary or a sibling of the beneficiary.

Tracking Information

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Title

To amend the Internal Revenue Code of 1986 to allow qualified education loan repayments from section 529 plans.

Sponsors


History

DateChamberAction
2018-09-10HouseReferred to the House Committee on Ways and Means.
2018-09-10HouseIntroduced in House

Same As/Similar To

HB6757 (Related) 2018-09-28 - Received in the Senate and Read twice and referred to the Committee on Finance.
HR1084 (Similar To) 2018-09-27 - Motion to reconsider laid on the table Agreed to without objection.

Subjects


US Congress State Sources


Bill Comments

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