The House and Senate are nearing a compromise on conflicting versions of legislation that would expand education savings accounts.

Lawmakers met late last week and tentatively agreed to the Senate version that would let parents deposit $2,000 annually for their children's education expenses and get a tax break, spokesmen for the negotiators said.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.