,,ii #aaith ,,congress #ast ,session ,s4 #bbjf ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,june #cj1 #bjbe,mr4 ,schmitt 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 increase the limitation on distributions from #ebi accounts for qualified higher education expenses4 #a4 ,increase in limitation for qualified higher education expenses from #ebi accounts 7a7 ,in general ,the last sentence of section #ebi7;e77#c7 of the ,internal ,revenue ,code of #aihf is amended by striking #aj1jjj and inserting #bj1jjj4 7b7 ,effective date ,the amendment made by this section shall apply to taxable years beginning after ,december #ca1 #bjbe4