3.0.0 2901 2023-01-12T17:52:55Z 2023-01-12T17:52:55Z House H HR 2007-06-28 110 hswm00 Ways and Means Committee House Standing Referred to 2007-06-28T14:05:50Z Lifelong Learning Accounts Act of 2008 110 6036 HR 2008-05-13 Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. Related bill CRS Lifelong Learning Accounts Act of 2007 110 26 S 2007-01-16 Sponsor introductory remarks on measure. (CR S572-573) Related bill CRS 2007-06-28 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2007-06-28 Introduced in House IntroReferral Intro-H 9 Library of Congress 2007-06-28 Introduced in House IntroReferral 1000 9 Library of Congress A000357 Rep. Allen, Thomas H. [D-ME-1] THOMAS ALLEN D ME H. 1 N M001149 Rep. Michaud, Michael H. [D-ME-2] Michael Michaud D ME H. 2 2007-06-28 True Taxation College costs Congress Congressional investigations Congressional reporting requirements Education Education savings accounts Employee benefit plans Higher education Income tax Labor and Employment Self-employed Tax deductions Tax exemption Tuition tax credits Taxation 00 2007-06-28 Introduced in House 2007-07-19T21:55:24Z Lifelong Learning Accounts Act of 2007 - Amends the Internal Revenue Code to: (1) establish tax-exempt lifelong learning accounts to pay for certain higher education expenses and allow a tax deduction for cash contributions to such accounts; and (2) allow employers, employees, and self-employed individuals tax credits for contributions to such accounts.

Requires the Comptroller General to study the effectiveness of such accounts and the tax credits provided by this Act.

]]> Lifelong Learning Accounts Act of 2007 Display Title Lifelong Learning Accounts Act of 2007 Official Title as Introduced To amend the Internal Revenue Code of 1986 to establish a program demonstrating multiple approaches to Lifelong Learning Accounts, which are portable, worker-owned savings accounts that can be used by workers to help finance education, training, and apprenticeships and which are intended to supplement both public and employer-provided education and training resources, and for other purposes. Introduced in House IH Short Titles as Introduced Lifelong Learning Accounts Act of 2007 Introduced in House 2007-06-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr2901ih/xml/BILLS-110hr2901ih.xml 2007-06-28 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.