I
107TH CONGRESS
1ST SESSION
H. R. 3346
To amend the Internal Revenue Code of 1986 to simplify the reporting
requirements relating to higher education tuition and related expenses.
IN THE HOUSE OF REPRESENTATIVES
NOVEMBER 27, 2001
Mr. MANZULLO 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 simplify
the reporting requirements relating to higher education
tuition and related expenses.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
SECTION 1. SIMPLIFICATION OF REPORTING REQUIRE-
MENTS RELATING TO HIGHER EDUCATION
TUITION AND RELATED EXPENSES.
(a) AMENDMENT RELATING TO PERSONS REQUIRED
TO MAKE RETURN.—Paragraph (1) of section 6050S(a)
of the Internal Revenue Code of 1986 (relating to returns
relating to higher education tuition and related expenses)
is amended to read as follows:
‘‘(1) which is an eligible educational institution
which enrolls any individual for any academic pe-
riod;’’.
(b) AMENDMENTS RELATING TO FORM AND MANNER
OF RETURNS.—Subsection (b) of section 6050S of such
Code is amended as follows:
(1) Paragraph (1) is amended by inserting
‘‘and’’ after the comma at the end.
(2) Subparagraph (A) of paragraph (2) is
amended to read as follows:
‘‘(A) the name, address, and TIN of any
individual—
‘‘(i) who is or has been enrolled at the
institution and with respect to whom
transactions described in subparagraph (B)
are made during the calendar year, or
‘‘(ii) with respect to whom payments
described in subsection (a)(2) or (a)(3)
were made or received,’’.
(3) Paragraph (2) of section 6050S(b) of such
Code is amended by striking subparagraph (B) and
redesignating subparagraphs (C) and (D) as sub-
paragraphs (B) and (C), respectively.
(4) Subparagraph (B) of section 6050S(b)(2) of
such Code, as redesignated by paragraph (3), is
amended to read as follows:
‘‘(B) the—
‘‘(i) aggregate amount of payments
received or the aggregate amount billed for
qualified tuition and related expenses with
respect to the individual described in sub-
paragraph (A) during the calendar year,
‘‘(ii) aggregate amount of grants re-
ceived by such individual for payment of
costs of attendance that are administered
and processed by the institution during
such calendar year,
‘‘(iii) amount of any adjustments to
the aggregate amounts reported by the in-
stitution pursuant to clause (i) or (ii) with
respect to such individual for a prior cal-
endar year,
‘‘(iv) aggregate amount of reimburse-
ments or refunds (or similar amounts)
paid to such individual during the calendar
year by a person engaged in a trade or
business described in subsection (a)(2),
and
‘‘(v) aggregate amount of interest re-
ceived for the calendar year from such in-
dividual, and’’.
(c) CONFORMING AMENDMENTS.—Subsection (d) of
section 6050S of such Code is amended—
(1) by striking ‘‘or (B)’’, and
(2) in paragraph (2), by striking ‘‘subpara-
graph (C)’’ and inserting ‘‘subparagraph (B)’’.
(d) EFFECTIVE DATE.—The amendments made by
this section shall apply to expenses paid or assessed after
December 31, 2002 (in taxable years ending after such
date), for education furnished in academic periods begin-
ning after such date.
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