H.R.701: Helping Families Save for Education Act

About This Bill

Bill Cosponsor

Bill Summary

Helping Families Save for Education Act 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 22, and (2) increase the maximum contribution limit in any taxable year from $2,000 to $10,000.

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.701.

Bill Actions

Date Description
Feb. 4, 2015
Referred to the House Committee on Ways and Means.
Feb. 4, 2015

Introduced in the House by Tim Walberg (R-Mich.)

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