S 426 · 118th Congress

Inflation-Adjusted Education Investment Act

<p><strong>Inflation-Adjusted Education Investment Act</strong></p> <p>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…

Sponsor

Kennedy, John (R-LA)

Introduced

2023-02-15

Policy area

Taxation

Latest action

Read twice and referred to the Committee on Finance.