A bill to amend the Internal Revenue Code of 1986 to establish a program demonstrating multiple approaches to Lifelong Learning Accounts, which are portable, worker-owned savings accounts that can be used by workers to help finance education, training, and apprenticeships and which are intended to supplement both public and employer-provided education and training resources, and for other purposes.

39719 1167886800

false

1168923600 26

787

110

300018

1/4/2007--Introduced.<br/>Lifelong Learning Accounts Act of 2007 - Amends the Internal Revenue Code to: (1) establish a tax-exempt lifelong learning account for the payment of certain employee higher education and training expenses; (2) allow individuals a nonrefundable tax credit for contributions to such accounts; and (3) allow employers a business-related tax credit for contributions to such accounts. Directs the Secretary of the Treasury to study and report to Congress on such accounts and the tax credits enacted by this Act.<br/>

1168923600

2007-01-16

Fri Nov 07 12:05:40 -0600 2008

introduced

39719

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39325

A bill to amend the Internal Revenue Code of 1986 to establish a program demonstrating multiple approaches to Lifelong Learning Accounts, which are portable, worker-owned savings accounts that can be used by workers to help finance education, training, and apprenticeships and which are intended to supplement both public and employer-provided education and training resources, and for other purposes.

official

introduced

39719

'act':4 '2007':6 'learn':2 'account':3 'lifelong':1

43609

Lifelong Learning Accounts Act of 2007

short

action

39719

1168923600 Tue Jan 16 00:00:00 -0600 2007 103826

Introductory remarks on measure. (CR S572-573)

C000127 1958-10-13

511 Dirksen Senate Office Building

http://cantwell.senate.gov/contact/

202-228-0514 Maria

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F 300018 Cantwell

Maria_Cantwell

Sen. Maria Cantwell [D, WA] N00007836

12168

Democrat 202-224-3441 Roman Catholic WA

Sen.

Maria Cantwell

4.43939393939394

http://cantwell.senate.gov

SenatorCantwell

C001035 1952-12-07

413 Dirksen Senate Office Building

http://collins.senate.gov/public/continue.cfm?FuseAction=ContactSenatorCollins.EmailIssue

202-224-2693 Susan

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F 300025 Collins

Susan_Collins

M. Sen. Susan Collins [R, ME] N00000491

11522

Republican 202-224-2523 Catholic ME

Sen.

Susan Collins

2.49152542372881

http://collins.senate.gov

SenatorSusanCollins

S001142 1952-05-25

Gordon

'smith':2,4,6 'gordon':1,3,5

M 300090 Smith

Gordon_Smith

Harold Gordon Smith N00007815

7145

Republican Latter Day Saints

Gordon Smith

3.71428571428571

S000663 1947-02-21

154 Russell Senate Office Building

http://snowe.senate.gov/webform.htm

202-224-1946 Olympia

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F 300091 Snowe

Olympia_Snowe

J. Sen. Olympia Snowe [R, ME] N00000480

15393

Republican 202-224-5344 Greek Orthodox ME

Sen.

Olympia Snowe

2.72477064220183

http://snowe.senate.gov/

action

39719

1168923600 Tue Jan 16 00:00:00 -0600 2007 103826

Introductory remarks on measure. (CR S572-573)

action

39719

1168923600 Tue Jan 16 00:00:00 -0600 2007 114482

Sponsor introductory remarks on measure. (CR S572-573)

introduced

39719

1167886800 Thu Jan 04 00:00:00 -0600 2007 89587

action

39719

1167886800 Thu Jan 04 00:00:00 -0600 2007 89588

Read twice and referred to the Committee on Finance.