S 2222
115th Congress
Senate
Taxation
Bank accounts, deposits, capital
Employment and training programs
Financial services and investments
Higher education
Income tax exclusion
Student aid and college costs
A bill to amend the Internal Revenue Code of 1986 to allow for distributions from 529 accounts for expenses associated with registered apprenticeship programs.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 12, 2017
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7976)
Dec 12, 2017
Introduced in Senate
Plain-English summary
This bill amends the Internal Revenue Code to allow distributions from qualified tuition programs (known as 529 plans) to be used for certain expenses associated with registered apprenticeship programs.
The bill expands the definition of "qualified higher education expenses" for which tax-free distributions are allowed to include books, supplies, and equipment required for the enrollment or attendance of a designated beneficiary in an apprenticeship program registered and certified with the Department of Labor.
What's happening now
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7976)
Committees of jurisdiction
1