,,ii  #aagth ,,congress  #b;d ,session  
,s4 #ddjj  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,june #ad1     
#bjbb,mr4 ,burr 7for himself and ,mr4   
,casey7 introduced the following bill2  
which was read twice and referred to the
 ,committee on ,finance  ,a ,,bill  ,to 
amend the ,internal ,revenue ,code of   
#aihf to allow for special rollovers to 
,roth ,i,r,as from long-term qualified  
tuition programs4  #a4 ,short title     
,this ,act may be cited as the ,college 
,savings ,recovery ,act4  #b4 ,special  
rollover to ,roth ,,ira from long-term  
qualified tuition program  7a7 ,in      
general ,paragraph 7#c7 of section      
#ebi7;c7 of the ,internal ,revenue ,code
 of #aihf is amended by adding at the   
end the following new subparagraph3     
7,e7 ,special rollover to ,roth ,,ira   
from long-term qualified tuition program
 ,for purposes of this section-- 7i7 ,in
 general ,in the case of a distribution 
from a qualified tuition program which  
has been maintained by an account owner 

in one or more qualified tuition        
programs for the #aj-year period ending 
on the date of such distribution-- 7,i7 
subparagraph 7,a7 shall not apply to any
 portion of such distribution which is  
paid in a direct trustee-to-trustee     
transfer to a ,roth ,,ira maintained for
 the benefit of such account owner or   
the designated beneficiary under such   
qualified tuition program1 and  7,,ii7  
such portion shall be treated as a      
rollover contribution for purposes of   
section #djh;,a7e74  7ii7 ,limitation   
,clause 7i7 shall only apply to so much 
of any distribution as does not exceed  
the lesser of-- 7,i7 the amount         
applicable to the account owner or the  
designated beneficiary1 as the case may 
be1 under section #djh;,a7c77#b7 for the
 taxable year 7reduced by the amount of 
aggregate contributions made during the 
taxable year before the date of such    
distribution to all individual          
retirement plans maintained for the     
benefit of the account owner or         

designated beneficiary1 as the case may 
be71 or  7,,ii7 the aggregate amount    
contributed to the program 7and earnings
 attributable thereto7 before the       
#e-year period ending on the date of the
 distribution4  7iii7 ,account owner    
,for purposes of this subparagraph1 the 
term account owner means the individual 
who established the qualified tuition   
program account under applicable ,state 
law4  4  7b7 ,qualified rollover        
contribution ,paragraph 7#a7 of section 
#djh;,a7e7 of such ,code is amended--   
7#a7 by striking the period at the end  
of subparagraph 7,b7 and inserting 1    
and1  7#b7 by inserting after           
subparagraph 7,b7 the following new     
subparagraph3  7,c7 from a qualified    
tuition program to the extent provided  
in section #ebi7;c77#c77;,e74  1 and    
7#c7 by adding at the end the following 
new sentence3 ,under regulations        
established by the ,secretary1 the      
earnings and contributions of any       
qualified tuition program from which a  

qualified rollover contribution is made 
under subparagraph 7,c7 shall be treated
 in the same manner as the earnings and 
contributions of a ,roth ,,ira from     
which a qualified rollover contribution 
is made under subparagraph 7,a744  7c7  
,reporting ,section #ebi7;d7 of such    
,code is amended-- 7#a7 by striking     
,each officer and inserting the         
following3  7#a7 ,in general ,each      
officer  1  7#b7 by striking by this    
subsection and inserting by this        
paragraph1 and  7#c7 by adding at the   
end the following new paragraph3  7#b7  
,rollover distributions ,in the case of 
any distribution described in subsection
 7c77#c77;,a71 the officer or employee  
having control of the qualified tuition 
program 7or their designee7 shall       
provide a report to the trustee of the  
,roth ,,ira to which the distribution is
 made4 ,such report shall be filed at   
such time and in such manner as the     
,secretary may require and shall include
 information with respect to the        

contributions1 distributions1 and       
earnings of the qualified tuition       
program as of the date of the           
distribution described in subsection    
7c77#c77;,a71 together with such other  
matters as the ,secretary may require4  
4  7d7 ,effective date ,the amendments  
made by this section shall apply with   
respect to distributions after ,december
 #ca1 #bjbb4