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    <number>1515</number>
    <updateDate>2023-01-11T13:24:05Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:24:05Z</updateDateIncludingText>
    <originChamber>Senate</originChamber>
    <originChamberCode>S</originChamberCode>
    <type>S</type>
    <introducedDate>2013-09-18</introducedDate>
    <congress>113</congress>
    <committees>
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        <name>Finance Committee</name>
        <chamber>Senate</chamber>
        <type>Standing</type>
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            <name>Referred to</name>
            <date>2013-09-18T14:55:01Z</date>
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      <item>
        <title>401(Kids) Education Savings Account Act of 2014</title>
        <congress>113</congress>
        <number>2892</number>
        <type>S</type>
        <latestAction>
          <actionDate>2014-09-18</actionDate>
          <text>Read twice and referred to the Committee on Finance.</text>
        </latestAction>
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            <type>Related bill</type>
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      <item>
        <actionDate>2013-09-18</actionDate>
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            <systemCode>ssfi00</systemCode>
            <name>Finance Committee</name>
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        <sourceSystem>
          <name>Senate</name>
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        <text>Read twice and referred to the Committee on Finance.</text>
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      <item>
        <actionDate>2013-09-18</actionDate>
        <text>Introduced in Senate</text>
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        <sourceSystem>
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          <name>Library of Congress</name>
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    <sponsors>
      <item>
        <bioguideId>K000360</bioguideId>
        <fullName>Sen. Kirk, Mark Steven [R-IL]</fullName>
        <firstName>MARK</firstName>
        <lastName>KIRK</lastName>
        <party>R</party>
        <state>IL</state>
        <middleName>STEVEN</middleName>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <policyArea>
      <name>Taxation</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Bank accounts, deposits, capital</name>
        </item>
        <item>
          <name>Elementary and secondary education</name>
        </item>
        <item>
          <name>Employee benefits and pensions</name>
        </item>
        <item>
          <name>Higher education</name>
        </item>
        <item>
          <name>Housing finance and home ownership</name>
        </item>
        <item>
          <name>Income tax exclusion</name>
        </item>
        <item>
          <name>Student aid and college costs</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Taxation</name>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2013-09-18</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2013-10-24T22:04:47Z</updateDate>
        <text><![CDATA[ <p>401Kids Family Savings Act of 2013 - Amends the Internal Revenue Code to: (1) rename Coverdell education savings accounts as 401Kids savings accounts, (2) allow the use of such accounts to pay the acquisition costs of a first-time homebuyer, and (3) allow tax-free rollovers of amounts in a 401Kids savings account to a Roth individual retirement account (Roth IRA). </p>]]></text>
      </summary>
    </summaries>
    <title>401Kids Family Savings Act of 2013</title>
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        <titleType>Display Title</titleType>
        <title>401Kids Family Savings Act of 2013</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>A bill to amend the Internal Revenue Code of 1986 to improve and expand education savings accounts.</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>401Kids Family Savings Act of 2013</title>
      </item>
    </titles>
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        <type>Introduced in Senate</type>
        <date>2013-09-18T04:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-113s1515is/xml/BILLS-113s1515is.xml</url>
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    <latestAction>
      <actionDate>2013-09-18</actionDate>
      <text>Read twice and referred to the Committee on Finance.</text>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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