Summary: H.R.1955 — 102nd Congress (1991-1992)All Information (Except Text)

There is one summary for H.R.1955. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (04/18/1991)

Education Savings Bonds Improvement Act - Amends the Internal Revenue Code to exclude from gross income any income from U.S. savings bonds used to pay tuition and fees of any grandchild at an institution of higher learning or vocational school. (Current law limits the exclusion to educational expenses of the taxpayer, spouse, or dependent.)