Tag Archives: 529 Plans
As Congress moves the tax reform legislation into a Conference Committee, the U.S. Senate version of the bill has an amendment that is not in the U.S. House bill.
U.S. Senator Ted Cruz (r-TX) explains what this language is at his website. The “Cruz Amendment” (Sen. Amendment #1725) “seeks to expand 529 College Savings Plans to include K-12 elementary and secondary school tuition for public, private, and religious schools, including K-12 educational expenses for homeschool students.”
Sen. Cruz delivered these remarks on the Senate floor:
By expanding choice for parents and opportunities for children, we have prioritized