Bill > HR1818

This bill amends the Internal Revenue Code to expand the definition of "qualified higher education expenses" to include tuition, fees, books, supplies, and equipment for aviation maintenance and commercial pilot training courses. Specifically, the bill allows distributions from qualified tuition programs (often known as 529 college savings plans) to be used for two types of specialized training: (1) aviation maintenance courses taught at schools governed by specific federal aviation regulations, and (2) commercial pilot courses offered at flight schools that meet certain federal certification standards. By broadening the eligible uses of these education savings accounts, the bill aims to support workforce development in the aviation industry by making it easier and more financially feasible for individuals to pursue aviation-related technical and professional training. The changes will apply to distributions made after the date of the bill's enactment, potentially providing more financial flexibility for students and professionals seeking to enter or advance in aviation careers.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/1818/all-info