To amend the Internal Revenue Code of 1986 to permit distributions from 529 accounts for medical expenses of account owners who are veterans with disability ratings of greater than 50 percent.
Helping Wounded Warriors Cover Medical Expenses Act - Amends the Internal Revenue Code to: (1) allow tax-free distributions from a qualified tuition program account (529 tuition plans) for payment of the medical expenses of veterans with disability ratings of more than 50%; and (2) exclude such distributions from gross income, for income tax purposes.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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