S 277 · 106th Congress · Education

Educational Opportunities and Excellence Act of 1999

Introduced 1999-01-21· Sponsored by Sen. Coverdell, Paul [R-GA]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Sponsor introductory remarks on measure. (CR S926-927)(1999-01-22)

Plain Language Summary

[AI summary unavailable — showing source text] TABLE OF CONTENTS: Title I: Education Savings Accounts Title II: Dollars to the Classroom Title III: Measures to Enhance Results in Teaching Title IV: Funding for Part B of the Individuals with Disabilities Education Act Title V: Tax Credits for Support of Elementary and Secondary School Students Title VI: Collegiate Learning and Student Savings Educational Opportunities and Excellence Act of 1999 - Title I: Education Savings Accounts - Education Savings Accounts Act of 1999 - Amends the Internal Revenue Code to permit tax-free expenditures from education individual retirement accounts (IRAs) for elementary and secondary education expenses (including tuition, special needs services, home schooling expenses, and transportation expenses) required for attendance at a public, private, or religious school, or for home schooling that meets State or local requirements. Increases from $500 to $2,000, through December 31, 2002, the maximum annual contribution to such an account. Waives the age limitation for special needs beneficiaries. Permits corporations to contribute to education IRAs. Title II: Dollars to the Classroom - Dollars to the Classroom Act - Requires the Secretary of Educatio…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (6)

6 Republicans