3.0.0 1928 2023-01-11T13:27:38Z 2023-01-11T13:27:38Z House HR 2015-04-22 114 [Congressional Record Volume 161, Number 59 (Wednesday, April 22, 2015)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. ROHRABACHER:H.R. 1940.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, clause 3 of the United StatesConstitution, which grants Congress the power to, among otherthings, regulate Commerce among the several States.[Page H2418]]]> hswm00 Ways and Means Committee House Standing Referred to 2015-04-22T14:03:25Z 2015-04-22 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2015-04-22 Introduced in House IntroReferral Intro-H 9 Library of Congress 2015-04-22 Introduced in House IntroReferral 1000 9 Library of Congress M001156 Rep. McHenry, Patrick T. [R-NC-10] Patrick McHenry R NC 10 N M001187 Rep. Meadows, Mark [R-NC-11] Mark Meadows R NC 11 2015-04-22 True P000606 Rep. Pittenger, Robert [R-NC-9] Robert Pittenger R NC 9 2015-04-22 True H001067 Rep. Hudson, Richard [R-NC-8] Richard Hudson R NC 8 2015-04-22 True R000603 Rep. Rouzer, David [R-NC-7] David Rouzer R NC 7 2015-04-22 True W000819 Rep. Walker, Mark [R-NC-6] Mark Walker R NC 6 2015-04-23 False Taxation Elementary and secondary education Higher education Income tax exclusion Inflation and prices Student aid and college costs Taxation 00 2015-04-22 Introduced in House 2017-02-01T17:20:54Z Empowering Parents to Invest in Choice Act of 2015

This bill amends the Internal Revenue Code to allow the payment of qualified elementary and secondary education expenses from a tax-exempt qualified tuition program (known as a 529 plan). (Currently, such plans only pay qualified higher education expenses.) Included as qualified elementary and secondary education expenses are expenses for tuition, fees, academic tutoring, special needs services, books, supplies, and computer technology or equipment.

The bill also increases from $2,000 to $15,000 the limit on the amount that may be contributed to a tax-exempt Coverdell education savings account. The new contribution limit is adjusted for inflation in each taxable year beginning after 2015.

]]> Empowering Parents to Invest in Choice Act of 2015 Display Title Empowering Parents to Invest in Choice Act of 2015 Official Title as Introduced To amend the Internal Revenue Code of 1986 to expand the coverage of qualified tuition programs and increase the limitation on contributions to Coverdell education savings accounts. Introduced in House IH Short Titles as Introduced Empowering Parents to Invest in Choice Act of 2015 Introduced in House 2015-04-22T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr1928ih/xml/BILLS-114hr1928ih.xml 2015-04-22 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.