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            <date>2014-09-18T22:59:15Z</date>
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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.</title>
        <congress>113</congress>
        <number>86</number>
        <type>S</type>
        <latestAction>
          <actionDate>2013-01-23</actionDate>
          <text>Read twice and referred to the Committee on Finance.</text>
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          </item>
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      <item>
        <title>401Kids Family Savings Act of 2013</title>
        <congress>113</congress>
        <number>1515</number>
        <type>S</type>
        <latestAction>
          <actionDate>2013-09-18</actionDate>
          <text>Read twice and referred to the Committee on Finance.</text>
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        <actionDate>2014-09-18</actionDate>
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        <text>Read twice and referred to the Committee on Finance.</text>
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        <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>
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        <fullName>Sen. Vitter, David [R-LA]</fullName>
        <firstName>David</firstName>
        <lastName>Vitter</lastName>
        <party>R</party>
        <state>LA</state>
        <sponsorshipDate>2014-09-18</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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      <item>
        <bioguideId>T000461</bioguideId>
        <fullName>Sen. Toomey, Patrick [R-PA]</fullName>
        <firstName>Patrick</firstName>
        <lastName>Toomey</lastName>
        <party>R</party>
        <state>PA</state>
        <middleName>J.</middleName>
        <sponsorshipDate>2014-11-12</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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      <name>Taxation</name>
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    <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>
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        <item>
          <name>Income tax exclusion</name>
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        <item>
          <name>Student aid and college costs</name>
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        <actionDate>2014-09-18</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2014-10-23T18:19:59Z</updateDate>
        <text><![CDATA[ <p>401(Kids) Education Savings Account Act of 2014 - Amends the Internal Revenue Code to: (1) eliminate after 2014 the income-based reduction of contributions to Coverdell education savings accounts, (2) increase the annual contribution limit for such accounts, (3) allow the use of such an account to pay home school expenses and the acquisition costs of a first-time homebuyer, and (4) allow tax-free rollovers of amounts in a Coverdell education savings account to a Roth individual retirement account (Roth IRA). </p>]]></text>
      </summary>
    </summaries>
    <title>401(Kids) Education Savings Account Act of 2014</title>
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        <titleType>Display Title</titleType>
        <title>401(Kids) Education Savings Account Act of 2014</title>
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        <titleType>Official Title as Introduced</titleType>
        <title>A bill to amend the Internal Revenue Code of 1986 to improve and expand Coverdell education savings accounts.</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
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        <titleType>Short Titles as Introduced</titleType>
        <title>401(Kids) Education Savings Account Act of 2014</title>
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        <type>Introduced in Senate</type>
        <date>2014-09-18T04:00:00Z</date>
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    <latestAction>
      <actionDate>2014-09-18</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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