IHE reports "that the Senate proposal appears to largely leave untouched many education tax credits and tax exemptions eliminated in a House GOP tax bill." That seems to mean that they Senate proposal does not repeal section 117, as the House Plan did. But I wish I could find a clear account somewhere; I can't even find on-line a copy of the Senate plan. If anyone finds it, or a lucid account of the Senate Plan's treatment of section 117, please shoot me an e-mail. Thanks.
UPDATE: My friend Sarah Lawsky, a tax lawyer (and philosopher) at Northwestern, writes:
Regarding your blog post — here is the link to the description of the Senate tax bill. There is no actual bill language yet. The Senate version does not address Section 117 at all, which I take to mean that it would not change that aspect of current law at all.
https://www.finance.senate.gov/imo/media/doc/11.9.17%20Chairman's%20Mark.pdf
More description (with links) here:
Hopefully this means taxing tuition waivers and benefits is now off the table.
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