To amend the Internal Revenue Code of 1986 to allow without penalty any 529 plan distributions used for student loan payments.
USA115th CongressHR-283| House
| Updated: 1/4/2017
Elise M. Stefanik
Republican Representative
New York
Ways and Means Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Student Debt Repayment Fairness Act This bill amends the Internal Revenue Code to allow penalty-free distributions from qualified tuition programs (i.e., 529 plans) to pay student loan indebtedness.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Higher educationIncome tax exclusionStudent aid and college costs
To amend the Internal Revenue Code of 1986 to allow without penalty any 529 plan distributions used for student loan payments.
USA115th CongressHR-283| House
| Updated: 1/4/2017
Student Debt Repayment Fairness Act This bill amends the Internal Revenue Code to allow penalty-free distributions from qualified tuition programs (i.e., 529 plans) to pay student loan indebtedness.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Elise M. Stefanik
Republican Representative
New York
Ways and Means Committee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Higher educationIncome tax exclusionStudent aid and college costs