U.S. Congress - H.R.1351 Savings Enhancement for Education in College Act
H.R.1351 - Savings Enhancement for Education in College Act
To amend the Internal Revenue Code of 1986 to treat computer technology and equipment as eligible higher education expenses for 529 plans, to allow certain individuals a credit against income tax for contributions to 529 plans, and for other purposes. view all titles (2)
All Bill Titles
- Short: Savings Enhancement for Education in College Act as introduced.
- Official: To amend the Internal Revenue Code of 1986 to treat computer technology and equipment as eligible higher education expenses for 529 plans, to allow certain individuals a credit against income tax for contributions to 529 plans, and for other purposes. as introduced.
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Official Summary
3/5/2009--Introduced.Savings Enhancement for Education in College Act - Amends the Internal Revenue Code to: (1) make permanent the allowance for payment of expenses for computer technology and equipment from qualified tuition programs; (2) allow a tax credit for contributions to such progOfficial Summary
3/5/2009--Introduced.Savings Enhancement for Education in College Act - Amends the Internal Revenue Code to:(1) make permanent the allowance for payment of expenses for computer technology and equipment from qualified tuition programs;
(2) allow a tax credit for contributions to such programs; and
(3) allow limited direction of investment of contributions or earnings in a qualified tuition program.
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