[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1389 Introduced in House (IH)]







106th CONGRESS
  1st Session
                                H. R. 1389

 To amend the Internal Revenue Code of 1986 to repeal the information 
  reporting requirement relating to the Hope Scholarship and Lifetime 
Learning Credits imposed on educational institutions and certain other 
                         trades and businesses.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 13, 1999

 Mr. Manzullo (for himself, Mr. Matsui, Mr. Taylor of North Carolina, 
   Mr. Ehlers, Mr. Istook, Mr. Stump, Mr. Doolittle, Mr. Condit, Mr. 
   Baldacci, Mr. Gejdenson, Mr. Frank of Massachusetts, Mr. Moran of 
 Kansas, Ms. Woolsey, Mr. Hill of Montana, Ms. Schakowsky, Mr. Filner, 
  Mr. Bachus, Mr. McGovern, Mr. Bilbray, Mr. Brown of California, Mr. 
  Doyle, Mr. Hostettler, Mr. Frost, Mrs. Myrick, Mr. Thornberry, Mr. 
Sununu, Mr. Salmon, Mr. Ewing, Mr. Nethercutt, Mr. Green of Texas, Ms. 
Pryce of Ohio, and Mrs. McCarthy of New York) introduced the following 
      bill; which was referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to repeal the information 
  reporting requirement relating to the Hope Scholarship and Lifetime 
Learning Credits imposed on educational institutions and certain other 
                         trades and businesses.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Higher Education Reporting Relief 
Act''.

SEC. 2. INFORMATION REPORTING REQUIREMENT RELATING TO HOPE SCHOLARSHIP 
              AND LIFETIME LEARNING CREDITS.

    (a) Repeal of Requirement To Submit Information Return.--Section 
6050S of the Internal Revenue Code of 1986 (relating to returns 
relating to payments for qualified tuition and related expenses) is 
repealed.
    (b) Requirement for Taxpayer To Provide Identifying Information.--
Subsection (g) of section 25A of such Code (relating to special rules) 
is amended by adding at the end the following new paragraph:
            ``(8) Identifying information required with respect to 
        educational institution.--No credit shall be allowed under 
        subsection (a) with respect to qualified tuition and related 
        expenses paid to an eligible educational institution unless--
                    ``(A) the name, address, and taxpayer 
                identification number of such institution is included 
                on the return claiming the credit, or
                    ``(B) if such institution is an organization 
                described in section 501(c)(3) and exempt from tax 
                under section 501(a), the name and address of such 
                institution is included on the return claiming the 
                credit.''
    (c) Conforming Amendments.--
            (1) The heading for paragraph (1) of section 25A(g) of such 
        Code is amended to read as follows: ``Identification 
        requirement with respect to individual for whom expenses 
        paid.--''.
            (2) Subparagraph (B) of section 6724(d)(1) of such Code 
        (relating to definitions of information return) is amended by 
        striking clause (ix) and by redesignating clauses (x) through 
        (xvii) as clauses (ix) through (xvi), respectively.
            (3) Paragraph (2) of section 6724(d) of such Code is 
        amended by inserting ``or'' at the end of the subparagraph (Y), 
        by striking subparagraph (Z), and by redesignating subparagraph 
        (AA) as subparagraph (Z).
    (d) Clerical Amendment.--The table of sections for subpart B of 
part III of subchapter A of chapter 61 of such Code is amended by 
striking the item relating to section 6050S.
    (e) Effective Date.--The amendments made by this section shall 
apply to expenses paid after December 31, 1998, for education furnished 
in academic periods beginning after December 31, 1998.
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