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Johnson-Endorsed Plan Makes College More Affordable

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Location: Washington, DC


Johnson-Endorsed Plan Makes College More Affordable

Bipartisan Bill Makes Tax-Free College Savings Plans Permanent

Congresswoman Nancy Johnson today joined her colleagues to introduce bipartisan legislation making tax-free 529 college savings plans permanent, preventing huge tax hikes scheduled for 2011 on families using these critical savings tools. "These plans are making college more affordable for families in Connecticut," Johnson said.

"We cannot allow families to get hit with unanticipated taxes on college savings just when they need them to pay for their children's tuition. With the rising cost of higher education, we must make these critical savings tools permanent so that college is affordable for every Connecticut family."

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http://www.house.gov/nancyjohnson/529bill.pdf

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