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United States · Bill · HR

H.R. 3029 (113th)

College Savings Enhancement Act of 2013

referredUnited States· United States Congress· EN

Introduced

2 August 2013

Last action

2 August 2013 · Introduced

Status

Referred to the House Committee on Financial Services.

Sponsors

Rep. Hurt, Robert [R-VA-5], Rep. Delaney, John K. [D-MD-6]

Subjects

Education

Source updated

12 August 2025

Education

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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.

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

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

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 2 August 2013

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  • Introduced in House (PDF)

    Introduced in House · EN · 2 August 2013

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 2 August 2013

    Open at official source

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Sponsors

Related records

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Sources

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