HR 6289
112th Congress
House
Taxation
Elementary and secondary education
Higher education
Income tax exclusion
Inflation and prices
Student aid and college costs
Making College Affordable Act of 2012
Introduced: August 2, 2012
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 2, 2012
Referred to the House Committee on Ways and Means.
Aug 2, 2012
Introduced in House
Plain-English summary
Making College Affordable Act of 2012 - Amends the Internal Revenue Code, with respect to Coverdell education savings accounts, to: (1) increase the age limit for beneficiaries of such accounts after which contributions may not be made from age 18 to age 26, (2) increase the maximum contribution limit in any taxable year from $2,000 to $10,000, and (3) allow an annual inflation adjustment to the increased contribution limit for taxable years beginning in a calendar year after 2012.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1