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- H.R.2901
H.R.2901: Lifelong Learning Accounts Act of 2007
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about congress
- Introduced June 28, 2007
- Latest Major Action June 28, 2007
Bill Sponsor
Bill Cosponsor
Bill Summary
Lifelong Learning Accounts Act of 2007 - Amends the Internal Revenue Code to: (1) establish tax-exempt lifelong learning accounts to pay for certain higher education expenses and allow a tax deduction for cash contributions to such accounts; and (2) allow employers, employees, and self-employed individuals tax credits for contributions to such accounts.Requires the Comptroller General to study the effectiveness of such accounts and the tax...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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June 28, 2007 |
Introduced in the House by Thomas H. Allen (D-Maine) |