Savings for Personal Education Continuation Tax Relief Act of 2005

Savings for Personal Education Continuation Tax Relief Act of 2005 - Declares that the general terminating date of the Economic Growth and Tax Relief Reconciliation Act of 2001 (i.e., December 10, 2010) shall not apply to provisions permitting certain educational institutions to maintain tax-qualified tuition programs.

[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1692 Introduced in House (IH)]






109th CONGRESS
  1st Session
                                H. R. 1692

To repeal the application of the sunset in the Economic Growth and Tax 
    Relief Reconciliation Act of 2001 to tuition programs which are 
   qualified under section 529 of the Internal Revenue Code of 1986.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 19, 2005

  Ms. Hooley introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
To repeal the application of the sunset in the Economic Growth and Tax 
    Relief Reconciliation Act of 2001 to tuition programs which are 
   qualified 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. SHORT TITLE.

    This Act may be cited as the ``Savings for Personal Education 
Continuation Tax Relief Act of 2005''.

SEC. 2. REPEAL OF APPLICATION OF SUNSET IN THE ECONOMIC GROWTH AND TAX 
              RELIEF RECONCILIATION ACT OF 2001 TO 529 PLANS.

    Section 901 of the Economic Growth and Tax Relief Reconciliation 
Act of 2001 shall not apply to section 402 of such Act.
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