,i  #aacth ,,congress  #ast ,session    
,h4 ,r4 #bife  ,,in ,,the ,,house ,,of  
,,representatives  ,august #a1 #bjac    
,mr4 ,pitts introduced the following    
bill2 which was referred to the         
,committee on ,ways and ,means  ,a      
,,bill  ,to amend the ,internal ,revenue
 ,code of #aihf to allow nontaxable     
employer matching contributions to      
section #ebi college savings plans4  #a4
 ,short title ,this ,act may be cited as
 the ,help ,kids ,save for ,college ,act
 of #bjac4  #b4 ,nontaxable employer    
matching contributions to section #ebi  
college savings plans  7a7 ,in general  
,part ,,iii of subchapter ,b of chapter 
#a of the ,internal ,revenue ,code of   
#aihf 7relating to items specifically   
excluded from gross income7 is amended  
by inserting after section #aci;,d the  
following new section3  #aci;,e4        
,employer matching contributions to     
section #ebi college savings plans  7a7 
,exclusion ,gross income of an employee 
does not include amounts paid during the

 taxable year by the employer to a      
qualified tuition program for the       
benefit of a designated beneficiary if  
such amounts are paid pursuant to a     
college savings assistance program4  7b7
 ,limitation ,the amount excluded from  
the gross income of an employee under   
subsection 7a7 for any taxable year with
 respect to each designated beneficiary 
shall not exceed the lesser of--  7#a7  
#a1jjj1 or  7#b7 the amount paid by the 
employee during such year to such       
program for the benefit of such         
beneficiary4  7c7 ,college savings      
assistance program ,for purposes of this
 section1 a college savings assistance  
program is a separate written plan of an
 employer for the exclusive benefit of  
such employer's employees--  7#a7 under 
which the employer makes payments to    
qualfied tuition programs for the       
benefit of designated beneficiaries1 and
  7#b7 which meets requirements similar 
to the requirements of paragraphs 7#b71 
7#c71 7#e71 and 7#f7 of section         

#abg7;b74  7d7 ,definitions ,for        
purposes of this section1 terms used is 
this section which are also used in     
section #ebi shall have the respective  
meanings given such terms by section    
#ebi4  4  7b7 ,clerical amendment ,the  
table of sections for such part ,,iii is
 amended by inserting after the item    
relating to section #aci;,d the         
following new item3  ,sec4 #aci;,e4     
,employer matching contributions to     
section #ebi college savings plans4  4  
7c7 ,effective date ,the amendments made
 by this section shall apply to taxable 
years beginning after the date of the   
enactment of this ,act4