Bill
Bill > HR7205
summary
Introduced
01/22/2026
01/22/2026
In Committee
01/22/2026
01/22/2026
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A BILL To amend the Internal Revenue Code of 1986 to permit fees for admissions applications to higher education institutions to be paid from a 529 plan, and for other purposes.
AI Summary
This bill, titled the "Application Fees as Eligible Expenses Act" or "Application FEES Act," amends Section 529(e)(3)(A) of the Internal Revenue Code of 1986 to allow funds from a 529 plan, which are typically used for qualified education expenses like tuition and room and board, to also cover fees required for an individual applying for admission to an eligible higher education institution. This change, effective for distributions made after the bill is enacted, expands the types of educational expenses that can be paid for tax-free using these savings plans.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Referred to the House Committee on Ways and Means. (on 01/22/2026)
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/119th-congress/house-bill/7205/all-info |
| BillText | https://www.congress.gov/119/bills/hr7205/BILLS-119hr7205ih.pdf |
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