US SB141 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 25 2011 - 25% progression, died in committee
Action: 2011-01-25 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Amends the Internal Revenue Code to allow: (1) payment of home school expenses from Coverdell education savings accounts; and (2) an annual inflation adjustment after 2010 to the contribution limit amount for such accounts. Makes permanent provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 relating to Coverdell education savings accounts, including an increase in the contribution limit amount for such accounts.

Tracking Information

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Title

A bill to amend the Internal Revenue Code of 1986 to expand the Coverdell education savings accounts to allow home school education expenses, and for other purposes.

Sponsors


History

DateChamberAction
2011-01-25SenateRead twice and referred to the Committee on Finance.

Same As/Similar To

SB93 (Related) 2011-01-25 - Read twice and referred to the Committee on Finance.
HB1767 (Related) 2011-05-05 - Referred to the House Committee on Ways and Means.
HB1768 (Same As) 2011-05-05 - Referred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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