H.R. 6115House112th Congress (2011-2013)In Committee

Give Families Better Tools to Save for Education Act of 2012

Introduced July 12, 2012

Legislative Activity

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1 earlier action
HouseIntro Referral Latest Action

Referred to the House Committee on Ways and Means.

July 12, 2012

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HouseIntro Referral

Introduced in House

July 12, 2012

HouseIntro Referral

Referred to the House Committee on Ways and Means.

July 12, 2012

Floor Debate

3 members

What members said about H.R. 6115 on the floor

1 Republican2 Democrats
Larry Kissell
Rep. Larry KissellD-NC-8 · Oct 24, 2011

I would like to thank my colleague for yielding time. Mr. Speaker, I do rise in strong support of H.R. 1160, the McKinley National Fish Hatchery Conveyance Act. I'd like to thank the chairman,…

Don Young
Rep. Don YoungR-AK · Oct 24, 2011

Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 1160) to require the Secretary of the Interior to convey the McKinney Lake National Fish Hatchery to the State of North Carolina, and…

Grace F. Napolitano
Rep. Grace F. NapolitanoD-CA-38 · Oct 24, 2011

Mr. Speaker, I yield myself such time as I may consume. (Mrs. NAPOLITANO asked and was given permission to revise and extend her remarks.) I rise in support of H.R. 1160, as amended, which would…

Bill Text

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Introduced in HouseIssued July 12, 2012

I

112th CONGRESS

2d Session

H. R. 6115

IN THE HOUSE OF REPRESENTATIVES

July 12, 2012

Ms. Buerkle (for herself and Mr. Kelly) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to increase the contribution limit for Coverdell education savings accounts from $2,000 to $10,000.

1.

Short title

This Act may be cited as the Give Families Better Tools to Save for Education Act of 2012.

2.

Coverdell account contribution limitation increase

(a)

In general

Clause (iii) of section 530(b)(1)(A) of the Internal Revenue Code of 1986 is amended by striking $2,000 and inserting $10,000.

(b)

Conforming amendment

Subparagraph (A) of section 4973(e)(1) of such Code is amended by striking $2,000 and inserting $10,000.

(c)

Effective date

The amendment made by this section shall apply to taxable years beginning after the date of the enactment of this Act.