PoliticalRepoPoliticalRepo

United States · Bill · S

S. 1822 (115th)

A bill to amend the Internal Revenue Code of 1986 to permit amounts paid for programs to obtain a recognized postsecondary credential or a license to be treated as qualified higher education expenses for purposes of a 529 account.

referredUnited States· United States Congress· EN

Introduced

14 September 2017

Last action

14 September 2017 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Amy Klobuchar, Tammy Baldwin, Tammy Duckworth, Sen. Feinstein, Dianne [D-CA], Sen. Heitkamp, Heidi [D-ND], Sen. Manchin, Joe, III [I-WV]

Subjects

Taxation, Education

Source updated

3 January 2025

Taxation · Education

Official sourceDownload fileView documentsShare

Summary

This bill amends the Internal Revenue Code, with respect to qualified tuition programs (known as 529 plans), to allow distributions from the plans to be used for expenses required for programs to obtain a recognized postsecondary credential or occupational license. A "recognized postsecondary credential" is a credential consisting of an industry-recognized certificate or certification, a certificate of completion of an apprenticeship, a license recognized by the state involved or federal government, or an associate or baccalaureate degree.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 14 September 2017

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 14 September 2017

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Sponsors

Related records

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.