Bill
Bill > HR8915
summary
Introduced
07/02/2024
07/02/2024
In Committee
07/09/2024
07/09/2024
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL To amend the Internal Revenue Code of 1986 to expand the expenses treated as qualified higher education expenses for purposes of 529 accounts to include additional elementary and secondary school expenses and certain postsecondary credentialing expenses.
AI Summary
This bill proposes to expand the expenses that can be treated as qualified higher education expenses for the purpose of 529 accounts. Specifically, it would allow 529 funds to be used for tuition, curriculum materials, books, online educational materials, tutoring fees, and testing fees for enrollment in elementary, secondary, and homeschool programs. Additionally, the bill would allow 529 funds to be used for tuition, fees, and other expenses related to obtaining recognized postsecondary credentials, such as industry-recognized certifications, registered apprenticeships, and occupational licenses. These changes would apply to distributions made after the enactment of the bill.
Committee Categories
Budget and Finance
Sponsors (7)
Kevin Hern (R)*,
Mike Collins (R),
Brad Finstad (R),
French Hill (R),
Erin Houchin (R),
Joe Wilson (R),
Rob Wittman (R),
Last Action
Placed on the Union Calendar, Calendar No. 799. (on 12/24/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-bill/8915/all-info |
| BillText | https://www.congress.gov/118/bills/hr8915/BILLS-118hr8915rh.pdf |
| BillText | https://www.congress.gov/118/bills/hr8915/BILLS-118hr8915ih.pdf |
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