S. 2223Senate108th Congress (2003-2005)In Committee

A bill to expand the list of entities eligible to establish and maintain a qualified tuition program under section 529 of the Internal Revenue Code of 1986.

Introduced March 23, 2004

Legislative Activity

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1 earlier action
SenateIntro Referral Latest Action

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2997)

March 23, 2004

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SenateIntro Referral

Introduced in Senate

March 23, 2004

SenateIntro Referral

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2997)

March 23, 2004

Floor Debate

6 members

What members said about S. 2223 on the floor

2 Republicans4 Democrats
Sam Brownback
Sen. Sam BrownbackR-KS · Mar 23, 2004

Mr. President, the great story of Kansas can be summed up in the State motto, ``Ad Astra per Aspera,'' to the stars through difficulties. Though only a short phrase comprised of four words, the…

Sam Brownback
Sen. Sam BrownbackR-KS · Mar 23, 2004

Mr. President, the great story of Kansas can be summed up in the State motto, ``Ad Astra per Aspera,'' to the stars through difficulties. Though only a short phrase comprised of four words, the…

Joseph R. Biden Jr.
Sen. Joseph R. Biden Jr.D-DE · Mar 23, 2004

Mr. President, I rise today to introduce the Anticounterfeiting Act of 2004, along with Senators Murray, Hollings, Smith, and Allen. Two years ago, I held a hearing entitled, ``Theft of American…

Pat Roberts
Sen. Pat RobertsR-KS · Mar 23, 2004

Mr. President, I am pleased to introduce, along with my distinguished colleague Senator Brownback, a bill designating the Bleeding Kansas and the Enduring Struggle for Freedom National Heritage Area.…

Pat Roberts
Sen. Pat RobertsR-KS · Mar 23, 2004

Mr. President, I am pleased to introduce, along with my distinguished colleague Senator Brownback, a bill designating the Bleeding Kansas and the Enduring Struggle for Freedom National Heritage Area.…

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Jon S. Corzine
Sen. Jon S. CorzineD-NJ · Mar 23, 2004

Mr. President, I rise today to introduce legislation to ensure that displaced workers whose jobs have moved overseas have access to affordable health care coverage. Under the Trade Assistance…

Max Baucus
Sen. Max BaucusD-MT · Mar 23, 2004

Mr. President, I am pleased to introduce today the Montana Mineral Exchange Act with Senators Burns and Campbell. This bill will enable the Northern Cheyenne Tribe and eastern Montana to create jobs…

Thomas A. Daschle
Sen. Thomas A. DaschleD-SD · Mar 23, 2004

Mr. President, I ask unanimous consent that the text of the bill be printed in the Record.

Thomas A. Daschle
Sen. Thomas A. DaschleD-SD · Mar 23, 2004

Mr. President, I ask unanimous consent that the text of the bill be printed in the Record.

Bill Text

Latest available legislative text

Reading Mode
Latest
Introduced in SenateIssued March 23, 2004
        [Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[S. 2223 Introduced in Senate (IS)]

108th CONGRESS
2d Session
S. 2223

To expand the list of entities eligible to establish and maintain a
qualified tuition program under section 529 of the Internal Revenue
Code of 1986.

_______________________________________________________________________

IN THE SENATE OF THE UNITED STATES

March 23, 2004

Mr. Daschle introduced the following bill; which was read twice and
referred to the Committee on Finance

_______________________________________________________________________

A BILL

To expand the list of entities eligible to establish and maintain a
qualified tuition program under section 529 of the Internal Revenue
Code of 1986.

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,

SECTION 1. ADDITIONAL ELIGIBLE ENTITIES FOR QUALIFIED TUITION PROGRAMS.

(a) In General.--For purposes of section 529 of the Internal
Revenue Code of 1986, an eligible educational institution shall be
deemed to include a corporation--
(1) which is a transferee corporation (within the meaning
of section 150(d)(3) of such Code) of a corporation described
in section 150(d) of such Code, and
(2) a majority of the outstanding stock of which is owned
by an employee stock ownership plan (as defined in section
4975(e)(7) of such Code).
(b) Effective Date.--Subsection (a) shall take effect with respect
to any qualified tuition program established after the date of the
enactment of this Act.
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