Introduced
by
To permit a corporation or a state or local government agency to establish an education savings account, and let them name the beneficiary student at a later date. Contributions to such accounts are tax deductible. The bill would also eliminate money orders as a means of making disbursements from an account.
Referred to the Committee on Education
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 99 to 1 (details)
Referred to the Committee on Education
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 37 to 0 (details)
To permit a corporation or a state or local government agency to establish an education savings account, and let them name the beneficiary student at a later date. Contributions to such accounts are tax deductible. The bill would also eliminate money orders as a means of making disbursements from an account.
