Bill Summary & Status
106th Congress (1999 - 2000)
S.AMDT.1416
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S.AMDT.1416
Amends: S.1429
Sponsor: Sen Schumer, Charles E. [NY] (submitted 7/29/1999) (proposed 7/30/1999)
AMENDMENT PURPOSE:
To amend the Internal Revenue Code of 1986 to make higher education more affordable by providing a full tax deduction for higher education expenses and a tax credit for student education loans.
TEXT OF AMENDMENT AS SUBMITTED: CR S9773
STATUS:
- 7/30/1999:
- Proposed by Senator Schumer.
- 7/30/1999:
- Point of order raised in Senate with respect to SP 1416.
- 7/30/1999:
- Motion to waive the Budget Act with respect to SP 1416 rejected in Senate by Yea-Nay Vote. 53-47. Record Vote No: 241.
- 7/30/1999:
- SP 1416 ruled out of order by the chair.
COSPONSORS(5):
Sen Snowe, Olympia J. [ME]
- 7/29/1999
Sen Bayh, Evan [IN]
- 7/29/1999
Sen Smith, Gordon H. [OR]
- 7/29/1999
Sen Wyden, Ron [OR]
- 7/29/1999
Sen Kohl, Herb [WI]
- 7/29/1999