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.
Received in the Senate and Read twice and referred to the Committee on Finance.
Became Public Law No: 115-97.
Read twice and referred to the Committee on Finance.
ASSUMING FIRST SPONSORSHIP - Mr. Norcross asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 3395, a bill originally introduced by former Representative Meehan, for purposes of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.
Introduced in Senate
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7976)
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