Empowering Parents to Invest in Choice Act of 2015

Summary

Empowering Parents to Invest in Choice Act of 2015 This bill amends the Internal Revenue Code to allow the payment of qualified elementary and secondary education expenses from a tax-exempt qualified tuition program (known as a 529 plan). (Currently, such plans only pay qualified higher education expenses.) Included as qualified elementary and secondary education expenses are expenses for tuition, fees, academic tutoring, special needs services, books, supplies, and computer technology or equipment. The bill also increases from $2,000 to $15,000 the limit on the amount that may be contributed to a tax-exempt Coverdell education savings account. The new contribution limit is adjusted for inflation in each taxable year beginning after 2015.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 22 April 2015

   Introduced

   Introduced in House

   Source: IntroReferral

2. 22 April 2015

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

3. 22 April 2015

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 22 April 2015 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 22 April 2015

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 22 April 2015

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 22 April 2015

  Open at official source

Sponsors

• Patrick McHenry · R · Sponsor
• Mark Meadows · R · Sponsor
• Robert Pittenger · R · Sponsor
• Richard Hudson · R · Sponsor
• David Rouzer · R · Sponsor
• Mark Walker · R · Cosponsor
• · hswm00 · Standing

Related records

• related to → Empowering Parents to Invest in Choice Act of 2017