College Savings Enhancement Act of 2013

Summary

College Savings Enhancement Act of 2013 - Directs the Securities and Exchange Commission (SEC) to revise specified regulations so as to include: (1) qualified prepaid tuition programs under the definition of a qualified institutional buyer (with respect to private resales of securities to institutions), and (2) as accredited investors any qualified prepaid tuition programs whose total assets exceed $5 million (with respect to Regulation D, governing the limited offer and sale of securities without registration under the Securities Act of 1933). Defines, for purposes of such revisions, a "qualified prepaid tuition program" as a qualified tuition program (under which a person may purchase tuition credits or certificates on behalf of a designated beneficiary which entitle the beneficiary to the waiver or payment of the beneficiary's qualified higher education expenses), which is established and maintained by a state or state agency or instrumentality that satisfies certain other requirements of the Internal Revenue Code.

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Timeline

1. 2 August 2013

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 2 August 2013

   Introduced

   Introduced in House

   Source: IntroReferral

3. 2 August 2013

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 2 August 2013 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 2 August 2013

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 2 August 2013

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 2 August 2013

  Open at official source

Sponsors

• Rep. Hurt, Robert [R-VA-5] · R · Sponsor
• John Delaney · D · Sponsor
• · hsba00 · Standing

Related records

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