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Rep. Kelly Commends Passage of Bipartisan Bill to Strengthen College Savings Plans

Statement

Date: Feb. 25, 2015
Location: Washington, DC
Issues: Taxes Higher Education

U.S. Representative Mike Kelly (R-PA) -- a member of the House Ways and Means Committee -- issued the following statement today regarding the passage of H.R. 529 in the House of Representatives by a bipartisan vote of 401-20. Rep. Kelly is a co-sponsor of this legislation.

"I am wholeheartedly pleased that the People's House has passed this bipartisan bill to expand, modernize, and strengthen tax-free 529 college savings plans. These plans make it easier for millions of hardworking American families to send their children to college and pursue the careers of their dreams. With college tuition and student loan debt reaching daunting new heights, it makes perfect sense not only to protect this tool from reckless and misguided attacks but to also build upon its success by updating it to meet today's realities for students and their parents. I applaud my colleagues on both sides of the aisle for supporting this bill and look forward to it passing in the Senate."


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