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Congresswoman Elise Stefanik

Representing the 21st District of New York

Stefanik Statement on 529 College Savings Plans

January 29, 2015
Press Release

Washington, D.C. – Today, Congresswoman Elise Stefanik (R-NY-21), member of the House Committee on Education and the Workforce, issued the following statement in response to the news that the White House had reversed its decision to propose new taxes on 529 college savings plans:

“I am pleased that President Obama has changed his mind over his proposal to tax college savings plans. These 529 plans are an important tool to help middle class families save to attend college and it would be misguided to begin discouraging this with new taxes. As a member of the House Committee on Education and the Workforce, I look forward to pursuing policies that will help expand access to higher education and lower the cost so that hard working North Country families and students can pursue their dreams.”

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