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529 News

529 permanency bill to be introduced in U.S. Senate

(May 24, 2005) - Senate Finance Committee chairman Chuck Grassley (R-IA) and ranking Democrat Max Baucus (D-MT) have announced their intention to introduce a bill that repeals the 2010 sunset of the 529 tax exclusion and makes the exclusion permanent. This follows similar legislation introduced into the House of Representatives last week.

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