Bill > S905

This bill, the "Freedom To Invest in Tomorrow's Workforce Act," would amend the Internal Revenue Code to allow certain expenses associated with obtaining or maintaining recognized postsecondary credentials to be treated as qualified higher education expenses for the purposes of 529 accounts. This includes tuition, fees, books, supplies, and equipment required for enrollment or attendance in a recognized postsecondary credential program, as well as fees required to obtain or maintain such a credential. The bill defines a "recognized postsecondary credential" as a credential recognized under the Workforce Innovation and Opportunity Act or other credentials recognized by the Secretary of the Treasury in consultation with the Secretary of Labor.