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- S.306
S.306: Coverdell Education Savings Accounts Act of 2001
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about congress
- Introduced Feb. 13, 2001
- Latest Major Action Feb. 13, 2001
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
17 (6 Democrats, 12 Republicans)
Bill Summary
Coverdell Education Savings Accounts Act of 2001 - Amends the Internal Revenue Code, with respect to education individual retirement accounts (IRAs), to: (1) permit distributions for qualified elementary and secondary education expenses; (2) increase annual contribution limits from $500 to $2,000, with annual inflation adjustments as of tax year 2003; (3) waive the beneficiary age limitation (18) for contributions on behalf of special needs...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Read twice and referred to the Committee on Finance.
|
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Feb. 13, 2001 |
Introduced in the Senate by Robert G. Torricelli (D-N.J.) |