Blog: ACTION ALERT: Strengthening 529s

Statement

Good news on the passage in the House of H.R. 529 -- a bipartisan bill, which will improve college savings and prepaid tuition plans and make them more flexible. 529 plans are a great tool to help families save for college expenses. With nearly 12 million accounts open, it is clear many hardworking families have found 529 plans to be a practical way to invest in their children's future and help send them to a higher education institution of their choice.

The bill passed the House by a vote of 401-20, with my support, and is now headed over to the Senate for consideration. I will keep you posted on its progress.

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