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S 3145 115th Congress Senate Taxation Bank accounts, deposits, capital Employment and training programs Higher education Income tax credits Income tax deductions Income tax deferral Student aid and college costs Vocational and technical education Youth employment and child labor

Skills Investment Act of 2018

Introduced: June 27, 2018 Introduced by: Klobuchar, Amy Democratic · Minnesota See on congress.gov
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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
Read twice and referred to the Committee on Finance.
Jun 27, 2018
Introduced in Senate
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 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.
What's happening now June 27, 2018

Read twice and referred to the Committee on Finance.

 Related & companion bills 1
  • HR 6250 Identical bill Skills Investment Act of 2018
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3145: Skills Investment Act of 2018. 115th Congress. Open America. https://openamerica.io/bill/115-S-3145/
MLA
"S. 3145: Skills Investment Act of 2018." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-S-3145/.
Bluebook (legal)
S. 3145, 115th Cong. (2026), https://openamerica.io/bill/115-S-3145/.
Markdown link
[S. 3145: Skills Investment Act of 2018](https://openamerica.io/bill/115-S-3145/)
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