S 2882
113th Congress
Senate
Taxation
Employee benefits and pensions
Employment taxes
Financial services and investments
Higher education
Income tax credits
Income tax exclusion
Student aid and college costs
Enhanced 529 - S.A.V.E. Act
Introduced: September 18, 2014
Introduced by:
McConnell, Mitch
Republican
· Kentucky
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 18, 2014
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S5789)
Sep 18, 2014
Sponsor introductory remarks on measure. (CR S5788-5789)
Sep 18, 2014
Introduced in Senate
Plain-English summary
Enhanced 529 - Setting Aside for a Valuable Education Act or the Enhanced 529 - S.A.V.E. Act - Amends the Internal Revenue Code to: (1) allow a tax credit for contributions to a qualified tuition program (529 tuition program); and (2) allow an exclusion, up to $600, from the gross income of an employee for employer contributions to a 529 tuition program.
What's happening now
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S5789)
Committees of jurisdiction
1