DEDUCTION FOR QUALIFIED TUITION AND RELATED EXPENSES.

SEC. 101. DEDUCTION FOR QUALIFIED TUITION AND RELATED EXPENSES.(a) In General.—Section 222(e) is amended by striking “2005” and inserting “2007”.(b) Conforming Amendments.—Section 222(b)(2)(B) is amended—(1) by striking “a taxable year beginning in 2004 or 2005” and inserting “any taxable year beginning after 2003”, and(2) by striking “2004 and 2005” in the heading and inserting “After 2003”.(c) Effective Date.—The amendments made by this section shall apply to taxable years beginning after December 31, 2005.120 STAT. 2934