United States · Bill · S
S. 4265 (117th)
Inflation-Adjusted Education Investment Act
Introduced
19 May 2022
Last action
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Status
Read twice and referred to the Committee on Finance.
Sponsors
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Subjects
Discovery layer
Source updated
3 January 2025
Summary
Inflation-Adjusted Education Investment Act This bill modifies provisions relating to qualified tuition programs (i.e., tax-exempt 529 plans). Specifically, it increases from $10,000 to $12,000 the limitation under such programs on payments for educational expenses, including expenses for tuition in connection with enrollment or attendance at an elementary or secondary public, private, or religious school. The bill provides for an annual inflation adjustment to the increased limitation amount for taxable years beginning after 2022.
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 19 May 2022
Introduced in Senate (PDF)
Introduced in Senate · EN · 19 May 2022
Introduced in Senate
summary · EN · 19 May 2022
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/117th-congress/senate-bill/4265
- Open data entity: https://api.congress.gov/v3/bill/117/s/4265