Date: April 22, 1998
Subject: Expanding Education Savings Accounts
Description: Ashcroft (R-MO) amendment to the Levin (D-MI) amendment. The Ashcroft amendment would restore the bill's savings account expansion and would prohibit the use of any federal funds for national education testing unless Congress passes explicit authorizing legislation. The Levin amendment would replace the savings account language with a provision to increase the current 20 percent lifetime tax credit on college costs to 50 percent for elementary and secondary school teachers who return to school to receive technology training.
Result: Amendment Agreed to, 52-47
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