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A bill to amend the Internal Revenue Code of 1986 to allow for distributions from 529 accounts for expenses associated with registered apprenticeship programs.

USA115th CongressS-2222| Senate 
| Updated: 12/12/2017
Steve Daines

Steve Daines

Republican Senator

Montana

Cosponsors (3)
Elizabeth Warren (Democratic)Cory A. Booker (Democratic)Lisa Murkowski (Republican)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Dec 12, 2017
Introduced in Senate
Dec 12, 2017
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7976)
  • December 12, 2017
    Introduced in Senate


  • December 12, 2017
    Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7976)

Taxation

Related Bills

  • HR 115-3395: To amend the Internal Revenue Code of 1986 to allow tax free distributions from section 529 college savings plans for certain expenses associated with registered apprenticeship programs.
  • HR 115-1: An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018.
  • S 115-3228: A bill to amend the Internal Revenue Code of 1986 to provide for distributions from 529 programs to pay apprenticeship and qualified early education expenses, and for other purposes.
  • HR 115-6757: Family Savings Act of 2018
Bank accounts, deposits, capitalEmployment and training programsFinancial services and investmentsHigher educationIncome tax exclusionStudent 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.

USA115th CongressS-2222| Senate 
| Updated: 12/12/2017
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Dec 12, 2017
Introduced in Senate
Dec 12, 2017
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7976)
  • December 12, 2017
    Introduced in Senate


  • December 12, 2017
    Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7976)
Steve Daines

Steve Daines

Republican Senator

Montana

Cosponsors (3)
Elizabeth Warren (Democratic)Cory A. Booker (Democratic)Lisa Murkowski (Republican)

Finance Committee

Taxation

Related Bills

  • HR 115-3395: To amend the Internal Revenue Code of 1986 to allow tax free distributions from section 529 college savings plans for certain expenses associated with registered apprenticeship programs.
  • HR 115-1: An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018.
  • S 115-3228: A bill to amend the Internal Revenue Code of 1986 to provide for distributions from 529 programs to pay apprenticeship and qualified early education expenses, and for other purposes.
  • HR 115-6757: Family Savings Act of 2018
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Bank accounts, deposits, capitalEmployment and training programsFinancial services and investmentsHigher educationIncome tax exclusionStudent aid and college costs