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.

April 19, 2005

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

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.

END