S. 2048Senate108th Congress (2003-2005)In Committee

A bill to amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified tuition and related expenses and to repeal the sunset of the Economic Growth and Tax Relief Reconciliation Act of 2001 with respect to such deduction.

Introduced February 3, 2004

Legislative Activity

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2 earlier actions
SenateIntro Referral Latest Action

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S541)

February 3, 2004

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SenateIntro Referral

Introduced in Senate

February 3, 2004

SenateIntro Referral

Sponsor introductory remarks on measure. (CR S541)

February 3, 2004

SenateIntro Referral

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S541)

February 3, 2004

Floor Debate

4 members

What members said about S. 2048 on the floor

2 Republicans2 Democrats
Kent Conrad
Sen. Kent ConradD-ND · Nov 7, 2003

Mr. President, today I am joined by Senators Roberts, Daschle, Dayton, Dorgan, Johnson, Baucus, Enzi, Kerry, Harkin, Coleman, Reid, and Nelson of Nebraska in introducing the ``Voluntary Public Access…

Arlen Specter
Sen. Arlen SpecterR-PA · Feb 3, 2004

Mr. President, today I will introduce legislation which is entitled the Abandoned Mine Land Reclamation Program Extension and Reform Act of 2004. As I have explained briefly before, I do so because…

Tom Harkin
Sen. Tom HarkinD-IA · Nov 7, 2003

Mr. President, I am pleased to join Senators Conrad, Roberts and others in introducing the Voluntary Public Access and Wildlife Habitat Incentive Program Act of 2003. This bill offers an excellent…

Chuck Grassley
Sen. Chuck GrassleyR-IA · Feb 3, 2004

Mr. President, I am introducing two education tax bills today. These bills will help us make permanent the $30 billion in education tax incentives that were contained in the 2001 tax bill. The first…

Bill Text

Latest available legislative text

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Introduced in SenateIssued February 3, 2004
        [Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[S. 2048 Introduced in Senate (IS)]

108th CONGRESS
2d Session
S. 2048

To amend the Internal Revenue Code of 1986 to make permanent the
deduction for qualified tuition and related expenses and to repeal the
sunset of the Economic Growth and Tax Relief Reconciliation Act of 2001
with respect to such deduction.

_______________________________________________________________________

IN THE SENATE OF THE UNITED STATES

February 3, 2004

Mr. Grassley introduced the following bill; which was read twice and
referred to the Committee on Finance

_______________________________________________________________________

A BILL

To amend the Internal Revenue Code of 1986 to make permanent the
deduction for qualified tuition and related expenses and to repeal the
sunset of the Economic Growth and Tax Relief Reconciliation Act of 2001
with respect to such deduction.

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,

SECTION 1. PERMANENT DEDUCTION FOR QUALIFIED TUITION AND RELATED
EXPENSES.

(a) Permanent Deduction.--
(1) In general.--Section 222 of the Internal Revenue Code
of 1986 (relating to qualified tuition and related expenses) is
amended by striking subsection (e).
(2) Conforming amendment.--Subparagraph (B) of section
222(b)(2) of such Code (relating to applicable dollar limit) is
amended by striking ``2004 and 2005.--In the case of a taxable
year beginning in 2004 or 2005,'' and inserting ``2004 and
thereafter.--In the case of any taxable year beginning after
2003,''.
(b) Repeal of Suspension.--Section 901 of the Economic Growth and
Tax Relief Reconciliation Act of 2001 is amended by adding at the end
the following new subsection:
``(c) Exception.--Subsection (a) shall not apply to the amendments
made by section 431 (relating to qualified tuition and related
expenses).''.
(c) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after December 31, 2003.
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