US Congress House Bill 898 (Prior Session Legislation)

---

Spectrum: Bipartisan Bill
Status: Introduced on January 30 2019 - 25% progression, died in committee
Action: 2019-01-30 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Expands tax-favored Coverdell education savings accounts to allow the accounts to be used for educational or skill development expenses such as training services, career and technical education activities, career services, youth workforce investment activities, and adult education and literacy activities. The bill also renames the accounts "Coverdell lifelong learning accounts," increases contribution limits, modifies the age-based contribution restrictions, allows a tax credit for a portion of an employer's contributions to an employee's account, and allows beneficiaries to deduct contributions made by or on behalf of the beneficiary.

Skills Investment Act of 2019

Rep. Derek Kilmer [D-WA]	Rep. Glenn Thompson [R-PA]	Rep. Scott Peters [D-CA]	Rep. Brian Fitzpatrick [R-PA]
Rep. Bill Posey [R-FL]	Rep. Kathleen Rice [D-NY]	Rep. Elaine Luria [D-VA]	Rep. Ann Kuster [D-NH]
Rep. Tom Reed [R-NY]	Rep. Josh Harder [D-CA]	Rep. Julia Brownley [D-CA]	Rep. Bradley Schneider [D-IL]
Rep. Neal Dunn [R-FL]	Rep. Don Bacon [R-NE]

Date	Chamber	Action
2019-01-30	House	Referred to the House Committee on Ways and Means.
2019-01-30	House	Introduced in House

SB275 (Same As) 2019-01-30 - Read twice and referred to the Committee on Finance.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/house-bill/898/all-info
Text	https://www.congress.gov/116/bills/hr898/BILLS-116hr898ih.pdf