HR 5473
109th Congress
House
Taxation
Accounting
Age
Families
Finance and Financial Sector
Income tax
Minimum tax
Parent and child
Tax rates
Student Savings Act of 2006
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 24, 2006
Referred to the House Committee on Ways and Means.
May 24, 2006
Introduced in House
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Plain-English summary
Student Savings Act of 2006 - Repeals the provision of the Tax Increase Prevention and Reconciliation Act of 2005 which subjects the passive income of minor children under the age of 18 (formerly, under the age of 14) to the marginal income tax rates of their parents. Imposes a surtax on individual adjusted gross income over $1 million to compensate for revenue losses resulting from such repeal.
What's happening now
Referred to the House Committee on Ways and Means.
Related & companion bills
1
Bill text
1 version
- Introduced in House Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cosponsors
1
Cite this page
U.S. Congress. (2026). H.R. 5473: Student Savings Act of 2006. 109th Congress. Open America. https://openamerica.io/bill/109-HR-5473/
"H.R. 5473: Student Savings Act of 2006." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-5473/.
H.R. 5473, 109th Cong. (2026), https://openamerica.io/bill/109-HR-5473/.
[H.R. 5473: Student Savings Act of 2006](https://openamerica.io/bill/109-HR-5473/)