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- S.243
S.243: ACE Act
About This Bill
- Introduced Jan. 22, 2015
- Latest Major Action Jan. 22, 2015
- 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)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Jan. 22, 2015 |
Read twice and referred to the Committee on Finance.
|
| Jan. 22, 2015 |
Introduced in the Senate by Deb Fischer (R-Neb.) |