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    <abstract>The Committee on Finance reported an original bill (S. 763) to amend the Internal Revenue Code of 1986 to allow tax-free expenditures from education individual retirement accounts for elementary and secondary school expenses, to increase the maximum annual amount of contributions to such accounts, and for other purposes, having considered the same, reports favorably thereon and recommends that the bill do pass.</abstract>
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         <recommendation>The Committee on Finance reported an original bill (S. 763) to amend the Internal Revenue Code of 1986 to allow tax-free expenditures from education individual retirement accounts for elementary and secondary school expenses, to increase the maximum annual amount of contributions to such accounts, and for other purposes, having considered the same, reports favorably thereon and recommends that the bill do pass.</recommendation>
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