A bill to amend the Internal Revenue Code of 1986 to permit 529 plans to be used for certain non-degree technical training certificate programs, apprenticeship programs, and other training programs.
American Workforce Empowerment Act
This bill expands the types of programs that tax-preferred college savings plans (i.e., 529 plans) may fund with distributions, including preapprenticeship and registered apprenticeship programs, a program of high school career and technical education, and a recognized postsecondary credential.
Referred to the House Committee on Ways and Means.
Introduced in Senate
Read twice and referred to the Committee on Finance.
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