HR 529 · 112th Congress · Taxation
Savings Enhancement for Education in College Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2011-02-08)
Plain Language Summary
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Savings Enhancement for Education in College Act - Amends the Internal Revenue Code to: (1) make permanent the allowance for payment of expenses for computer technology and equipment from qualified tuition programs, (2) allow a tax credit for contributions to such programs, (3) allow limited direction of investment of contributions or earnings in a qualified tuition program, and (4) allow an exclusion, up to $600, from the gross income of an employee for employer contributions to a qualified tuition program.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
12 Democrats8 Republicans