HR 2646 Summary from "Thomas" U.S. government WEB site
Education Savings Act for Public and Private Schools

Bill Summary & Status for the 105th Congress Found at:
<http://thomas.loc.gov/home/thomas.html>

SPONSOR: Rep Archer (introduced 10/09/97)

TITLE(S):

STATUS: Floor Actions
03/18/98 Unanimous consent agreement in Senate to vote on cloture motion on Mar. 19 (CR S2196)
03/18/98 Cloture motion on Measure filed in Senate (Fourth Motion (CR S2169)
03/18/98 Cloture motion on Measure filed in Senate (Third Motion) (CR S2169)
03/18/98 Measure considered in Senate (CR S2168-2171)
03/17/98 Unanimous consent agreement in Senate to consider Measure on Mar. 18 (CR S2106)
03/17/98 Cloture motion on motion to proceed passed in Senate, roll call #34 (74-24) (CR S2094)
03/16/98 Motion to proceed to consideration of Measure withdrawn in Senate (CR S1988)
03/16/98 Cloture motion on motion to proceed to consideration of Measure filed in Senate (Second Motion) (CR S1988)
03/16/98 Motion to proceed to consideration of Measure considered in Senate (CR S1988)
03/13/98 Unaniumous consent agreement in Senate to vote on cloture motion on Mar. 17 (CR S1925)
03/13/98 Motion to proceed to consideration of Measure withdrawn in Senate (CR S1930)
03/13/98 Cloture motion on motion to proceed to consideration of Measure filed in Senate (CR S1925)
03/13/98 Measure considered in Senate (CR S1925-1930)
11/04/97 Second cloture motion on Measure rejected in Senate, roll call #291 (56-44) (CR S11627)
11/04/97 Measure considered in Senate (CR S11626-11627)
10/31/97 Cloture motion on Measure rejected in Senate, roll call #288 (56-41) (CR S11510)
10/31/97 Cloture motion on Measure filed in Senate (Second Motion) (CR S11510)
10/31/97 Measure considered in Senate (CR S11503-11511)
10/30/97 Unanimous consent agreement in Senate to consider Measure on Oct. 31 (CR S11501)
10/29/97 Cloture motion on Measure filed in Senate (CR S11322)
10/29/97 Measure considered in Senate (CR S11321-11322)
10/29/97 Measure called up by unanimous consent in Senate (CR S11321)
10/27/97 Placed on calendar in Senate (CR S11236)
10/23/97 Measure passed House, amended, roll call #524 (230-198) (CR H9076)
10/23/97 Measure considered in House (CR H9056-9076)
10/23/97 Measure called up by special rule (H. Res. 274) in House (CR H9056)
10/21/97 Reported to House from the Committee on Ways and Means with amendment, H. Rept. 105-332 (CR H8927)

STATUS: Detailed Legislative Status

House Actions

Oct 9, 97:
Referred to the House Committee on Ways and Means.
Oct 9, 97:
Committee Consideration and Mark-up Session Held.
Oct 9, 97:
Ordered to be Reported (Amended) by the Yeas and Nays: 19 - 17.
Oct 21, 97:
Reported to House (Amended) by House Committee on Ways and Means. H. Rept. 105-332.
Oct 21, 97:
Placed on the Union Calendar, Calendar No. 194.
Oct 22, 97:
Rules Committee Resolution H. Res. 274 Reported to House.
Oct 23, 97:
Rule H. Res. 274 passed House.
Called up by House under the provisions of rule H. Res. 274.
Passed House (Amended) by Yea-Nay Vote: 230 - 198 (Roll no. 524).

Senate Actions

Oct 24, 97:
Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
Oct 27, 97:
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 227.
Oct 29, 97:
Measure laid before Senate by unanimous consent.
Cloture motion on the bill presented in Senate.
Oct 31, 97:
Considered by Senate.
Second cloture motion on the bill presented in Senate.
Cloture on the bill not invoked in Senate by Yea-Nay Vote. 56-41. Record Vote No: 288.
Nov 4, 97:
Second cloture on the bill not invoked in Senate by Yea-Nay Vote. 56-44. Record Vote No: 291.
Mar 13, 98:
Motion to proceed to consideration of measure made in Senate.
Cloture motion on the motion to proceed presented in Senate.
Motion to proceed to consideration of measure withdrawn in Senate by Unanimous Consent.
Mar 16, 98:
Motion to proceed to consideration of measure made in Senate.
Second cloture motion on the motion to proceed presented in Senate.
Motion to proceed to consideration of measure withdrawn in Senate by Unanimous Consent.
Mar 17, 98:
Second cloture on the motion to proceed invoked in Senate by Yea-Nay Vote. 74-24. Record Vote No: 34.
Mar 18, 98:
Considered by Senate.
Amendment SP 2019 proposed by Senator Roth.
Amendment SP 2019 agreed to in Senate by Voice Vote.
Third cloture motion presented in Senate.
Fourth cloture motion presented in Senate.
Mar 19, 98:
Third cloture not invoked in Senate by Yea-Nay Vote. 55-44. Record Vote No: 38.

COMMITTEE(S):

COMMITTEE(S) OF REFERRAL:
House Ways and Means

COMMITTEE(S) REPORTING:
House Ways and Means

COSPONSORS: 39

SUMMARY:

(REVISED AS OF 10/23/97 -- Passed House, amended)

Education Savings Act for Public and Private Schools - Amends the Internal Revenue Code (IRC) to permit tax-free expenditures from education individual retirement accounts for elementary and secondary education expenses (including tuition, special needs services, home schooling expenses, and transportation expenses) required for attendance at a public, private, or religious school.

Increases, through December 31, 2002, the maximum annual amount of contributions permitted to such accounts.

Provides for the application of the IRC without regard to the result reached in the case of Schmidt Baking Company, Inc. v. Commissioner of Internal Revenue. Directs the Secretary of the Treasury to prescribe regulations reflecting such application of the IRC.

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