,,ii  #aag? ,,congress  #b;d ,session   
,s4 #dajc  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,april #bh1 #bjbb,ms4  
,hassan 7= h]self & ,ms4 ,coll9s7       
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,f9ance  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to treat          
contributions to a qualifi$ tuition     
program z qualifi$ retirem5t sav+s      
contributions = purposes ( ! sav]'s     
cr$it4  #a4 ,%ort title ,?is ,act may be
 cit$ z ! ,help+ ,p>5ts ,save = ,college
 ,act ( #bjbb4  #b4 ,treatm5t (         
contributions to qualifi$ tuition       
program  7a7 ,9 g5]al ,p>agraph 7#a7 (  
section #be;,b7d7 ( ! ,int]nal ,rev5ue  
,code ( #aihf is am5d$-- 7#a7 by /rik+ &
 at ! end ( subp>agraph 7,c71  7#b7 by  
/rik+ ! p]iod at ! end ( subp>agraph    
7,d7 & ins]t+ 1 &1 &  7#c7 by add+ at ! 
end ! foll[+ new subp>agraph3  7,e7 !   
am\nt ( any contributions made by su*   
individual to any qualifi$ tuition      
program 7z def9$ 9 section #ebi7;b77 (  

:i* ! individual or a dep5d5t ( !       
individual is ! designat$ b5efici>y 7z  
def9$ 9 section #ebi7;e77#a774  4  7b7  
,effective date ,! am5dm5ts made by ?is 
section %all apply to taxable ye>s      
beg9n+ aft] ! date ( ! enactm5t ( ?is   
,act4  #c4 ,special rollov] to ,ro?     
,,ira f long-t]m qualifi$ tuition       
program  7a7 ,9 g5]al ,p>agraph 7#c7 (  
section #ebi7;c7 ( ! ,int]nal ,rev5ue   
,code ( #aihf is am5d$ by add+ at ! end 
! foll[+ new subp>agraph3  7,e7 ,special
 rollov] to ,ro? ,,ira f long-t]m       
qualifi$ tuition program ,= purposes (  
?is section-- 7i7 ,9 g5]al ,9 ! case ( a
 di/ribution f a qualifi$ tuition       
program :i* has be5 ma9ta9$ by an acc\nt
 own] = ! #aj-ye> p]iod end+ on ! date (
 su* di/ribution-- 7,i7 subp>agraph 7,a7
 %all n apply to any portion ( su*      
di/ribution :i*1 n lat] ?an #fj days    
aft] su* di/ribution1 is paid into a    
,ro? ,,ira ma9ta9$ = ! b5efit ( su*     
acc\nt own] or ! designat$ b5efici>y "u 
su* qualifi$ tuition program1 &  7,,ii7 

su* portion %all be treat$ z a rollov]  
contribution = purposes ( section       
#djh;,a7e74  7ii7 ,limitation ,clause   
7i7 %all only apply to s mu* ( any      
di/ribution z does n exce$ ! less] (--  
7,i7 ! am\nt applicable to ! acc\nt own]
 "u section #djh;,a7c77#b7 = ! taxable  
ye>1 or  7,,ii7 ! aggregate am\nt       
contribut$ to ! program 7& e>n+s        
attributable !reto7 be=e ! #e-ye> p]iod 
end+ on ! date ( ! di/ribution4  4  7b7 
,qualifi$ rollov] contribution ,p>agraph
 7#a7 ( section #djh;,a7e7 ( ! ,int]nal 
,rev5ue ,code ( #aihf is am5d$-- 7#a7 by
 /rik+ contribution-- & ins]t+          
contribution to a ,ro? ,,ira--1  7#b7 by
 /rik+ to a ,ro? ,,ira 9 subp>agraph    
7,a71  7#c7 by /rik+ ! p]iod at ! end ( 
subp>agraph 7,b7 & ins]t+ 1 or1 &  7#d7 
by ins]t+ aft] subp>agraph 7,b7 ! foll[+
 new subp>agraph3  7,c7 f a qualifi$    
tuition program to ! ext5t provid$ 9    
section #ebi7;c77#c77;,e74  4  7c7      
,effective date ,! am5dm5ts made by ?is 
section %all apply ) respect to         

di/ributions 9 taxable ye>s beg9n+ aft] 
! date ( ! enactm5t ( ?is ,act4