Making College Affordable Act of 2012

Summary

Making College Affordable Act of 2012 - Amends the Internal Revenue Code, with respect to Coverdell education savings accounts, to: (1) increase the age limit for beneficiaries of such accounts after which contributions may not be made from age 18 to age 26, (2) increase the maximum contribution limit in any taxable year from $2,000 to $10,000, and (3) allow an annual inflation adjustment to the increased contribution limit for taxable years beginning in a calendar year after 2012.

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Timeline

1. 2 August 2012

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 2 August 2012

   Introduced

   Introduced in House

   Source: IntroReferral

3. 2 August 2012

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 2 August 2012 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 2 August 2012

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 2 August 2012

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 2 August 2012

  Open at official source

Sponsors

• Sen. Gardner, Cory [R-CO] · R · Sponsor
• Rep. Myrick, Sue Wilkins [R-NC-9] · R · Sponsor
• Rep. Paul, Ron [R-TX-22] · R · Sponsor
• Rep. Griffin, Tim [R-AR-2] · R · Sponsor
• Rep. Kelly, Mike [R-PA-16] · R · Sponsor
• Jared Polis · D · Sponsor
• Billy Long · R · Sponsor
• Rep. Schilling, Robert T. [R-IL-17] · R · Cosponsor
• Rep. Dold, Robert J. [R-IL-10] · R · Cosponsor
• Kevin Yoder · R · Cosponsor
• · hswm00 · Standing

Related records

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