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- S.2568
S.2568: ACE Act
About This Bill
- Introduced July 8, 2014
- Latest Major Action July 8, 2014
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Allocating for Children's Education Act or the ACE Act - Amends the Internal Revenue Code, with respect to Coverdale education savings accounts, to: (1) increase from $2,000 to $5,000 the maximum allowable contribution to such accounts in a taxable year, and (2) allow distributions from such accounts for the purchase of athletic equipment at elementary and secondary schools.
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
July 8, 2014 |
Read twice and referred to the Committee on Finance.
|
July 8, 2014 |
Introduced in the Senate by Deb Fischer (R-Neb.) |