To amend the Internal Revenue Code of 1986 to permit distributions from individual retirement plans to be contributed to 529 plans without including the distribution in gross income.
Latest action · May 23, 2007 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMay 23, 2007
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Amends the Internal Revenue Code to exclude from gross income distributions from individual retirement accounts for the purpose of making contributions to a qualified tuition program.
Cosponsors 1
Members who signed on, in the order they did. All signed on Jun 21, 2007.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-CO | Diana DeGette | Jun 21, 2007 |
Actions 2
Everything that happened, newest first.
- May 23, 2007Introduced in House
- May 23, 2007Referred to the House Committee on Ways and Means.
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- May 23, 2007Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.