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HR 6250 115th Congress House

Skills Investment Act of 2018

Official title: To amend the Internal Revenue Code of 1986 to provide for lifelong learning accounts, and for other purposes.

Introduced: June 27, 2018 See on congress.gov
Taxation Bank accounts, deposits, capitalEmployment and training programsHigher educationIncome tax credits
More subjectsShow fewer subjects
Income tax deductionsIncome tax deferralStudent aid and college costsVocational and technical educationYouth employment and child labor
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 27, 2018
Referred to the House Committee on Ways and Means.
Jun 27, 2018
Introduced in House
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 Latest action June 27, 2018

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Skills Investment Act of 2018

This bill expands tax-favored Coverdell education savings accounts to allow the accounts to be used for educational or skill development expenses such as training services, career and technical education activities, career services, youth workforce investment activities, and adult education and literacy activities.

The bill also:

  • renames the accounts "Coverdell lifelong learning accounts,"
  • increases contribution limits,
  • modifies the age-based contribution restrictions,
  • allows a tax credit for a portion of an employer's contributions to an employee's account, and
  • allows beneficiaries to deduct contributions made by or on behalf of the beneficiary.
 Related & companion bills 1
  • S 3145 Identical bill Skills Investment Act of 2018
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 6
All 6 Democratic 3 Republican 2
D
Schneider, Bradley Scott
Illinois · Jul 12, 2018
Barletta, Lou
· Jun 27, 2018
 R
Fitzpatrick, Brian K.
Pennsylvania · Jun 27, 2018
 D
Krishnamoorthi, Raja
Illinois · Jun 27, 2018
 D
Peters, Scott H.
California · Jun 27, 2018
 R
Thompson, Glenn
Pennsylvania · Jun 27, 2018
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6250: Skills Investment Act of 2018. 115th Congress. Open America. https://openamerica.io/bill/115-HR-6250/
MLA
"H.R. 6250: Skills Investment Act of 2018." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-6250/.
Bluebook (legal)
H.R. 6250, 115th Cong. (2026), https://openamerica.io/bill/115-HR-6250/.
Markdown link
[H.R. 6250: Skills Investment Act of 2018](https://openamerica.io/bill/115-HR-6250/)
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