,,ii  #aag? ,,congress  #b;d ,session   
,s4 #dbfe  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,may #ai 7legislative  
day1 ,may #ag71 #bjbb,mr4 ,k5n$y        
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,f9ance  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to increase &     
provide an inflation adju/m5t = !       
limitation on di/ributions f qualifi$   
tuition programs t may be us$ = elem5t>y
 & second>y tuition4  #a4 ,%ort title   
,?is ,act may be cit$ z !               
,inflation-,adju/$ ,education ,inve/m5t 
,act4  #b4 ,increase on limitation on   
exp5ses us$ = elem5t>y & second>y       
tuition  7a7 ,9 g5]al ,! la/ s5t5ce (   
section #ebi7;e77#c77;,a7 ( ! ,int]nal  
,rev5ue ,code ( #aihf is am5d$ by /rik+ 
#aj1jjj & ins]t+ #ab1jjj4  7b7          
,inflation adju/m5t ,section            
#ebi7;e77#c7 ( ! ,int]nal ,rev5ue ,code 
( #aihf is am5d$ by add+ at ! end !     
foll[+ new subp>agraph3  7,c7 ,inflation
 adju/m5t  7i7 ,9 g5]al ,9 ! case ( any 

taxable ye> beg9n+ 9 a cal5d> ye> aft]  
#bjbb1 ! #ab1jjj am\nt 9 subp>agraph    
7,a7 %all be increas$ by an am\nt equal 
to-- 7,i7 su* doll> am\nt1 multipli$ by 
7,,ii7 ! co/-(-liv+ adju/m5t det]m9$ "u 
section #a7;f77#c7 = ! cal5d> ye> 9 :i* 
! taxable ye> beg9s1 det]m9$ by         
sub/itut+ cal5d> ye> #bjba = cal5d> ye> 
#bjaf 9 subp>agraph 7,a77ii7 !re(4  7ii7
 ,r\nd+ ,any increase det]m9$ "u clause 
7i7 %all be r\nd$ to ! ne>e/ multiple ( 
#ejj4  4  7c7 ,effective date ,!        
am5dm5ts made by ?is section %all apply 
to taxable ye>s beg9n+ aft] ,decemb]    
#ca1 #bjba4