House Bill 6767
115th Congress(2017-2018)
To amend the Internal Revenue Code of 1986 to allow qualified education loan repayments from section 529 plans.
Introduced
Introduced in House on Sep 10, 2018
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
6767
Congress
115
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
Summary
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.
September 10, 2018
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09/10/2018
Referred to the House Committee on Ways and Means.
09/10/2018
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:41:34 PM