HIGHER EDUCATION INFORMATION REPORTING ONLY TO INCLUDE QUALIFIED TUITION AND RELATED EXPENSES ACTUALLY PAID.

SEC. 212. HIGHER EDUCATION INFORMATION REPORTING ONLY TO INCLUDE QUALIFIED TUITION AND RELATED EXPENSES ACTUALLY PAID. (a) [26 U.S.C. 6050S] In General.—Section 6050S(b)(2)(B)(i) is amended by striking “or the aggregate amount billed”. (b) [26 U.S.C. 6050S note] Effective Date.—The amendments made by subsection (b) shall apply to expenses paid after December 31, 2015, for education furnished in academic periods beginning after such date.