Bill113th CongressFiled Jul 8, 2014Taxation
S. 2568
ACE Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Jul 8, 2014)
Allocating for Children's Education Act or the ACE Act - Amends the Internal Revenue Code, with respect to Coverdale education savings accounts, to: (1) increase from $2,000 to $5,000 the maximum allowable contribution to such accounts in a taxable year, and (2) allow distributions from such accounts for the purchase of athletic equipment at elementary and secondary schools.
What just happenedJul 8, 2014
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Fischer, Deb [R-NE](R-NE)Sponsor
1committees2actions6subjects
- Introduced in SenateJul 8, 2014
- Jul 8, 2014IntroReferral
Read twice and referred to the Committee on Finance.
- Jul 8, 2014IntroReferral10000
Introduced in Senate