To amend the Internal Revenue Code of 1986 to encourage the use of 529 plans and Coverdell education savings accounts, and for other purposes.

Summary

Amends the Internal Revenue Code to: (1) allow payment of home school expenses from Coverdell education savings accounts; (2) remove the dollar limitation on contributions to Coverdell education savings accounts and require such accounts to provide adequate safeguards to prevent contributions from exceeding the amount necessary to provide for the qualified education expenses of the account beneficiary; and (3) allow tax-exempt qualified tuition programs (529 tuition programs) to pay qualified pre-kindergarten, elementary, and secondary education expenses.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 27 January 2015

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• Introduced in House (PDF)

  Introduced in House · EN · 27 January 2015

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 27 January 2015

  Open at official source

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