Bill

Bill > HR3395


US HR3395

529 OPTIONS Act 529 Opening Paths To Invest in Our Nation's Students Act


summary

Introduced
07/25/2017
In Committee
07/25/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

529 OPTIONS Act 529 Opening Paths To Invest in Our Nation's Students Act This bill amends the Internal Revenue Code to allow distributions from qualified tuition programs (known as 529 plans) to be used for certain expenses associated with registered apprenticeship programs. The bill expands the definition of "qualified higher education expenses" for which tax-free distributions are allowed to include: (1) books, supplies, and equipment required for the enrollment or attendance of a designated beneficiary in an apprenticeship program registered and certified with the Department of Labor; (2) child care at a licensed day care center, and transportation, in connection with such enrollment or attendance; and (3) costs associated with obtaining an industry certification or other credential in connection with an apprenticeship program.

AI Summary

This bill, the 529 OPTIONS Act (529 Opening Paths To Invest in Our Nation's Students Act), amends the Internal Revenue Code to allow distributions from qualified tuition programs (529 plans) to be used for certain expenses associated with registered apprenticeship programs. It expands the definition of "qualified higher education expenses" to include expenses for books, supplies, and equipment required for enrollment or attendance in an apprenticeship program, as well as for child care, transportation, and obtaining industry certifications or credentials related to the apprenticeship program.

Committee Categories

Budget and Finance

Sponsors (79)

Patrick Meehan (R)* Lou Barletta (R),  Andy Barr (R),  Lisa Blunt Rochester (D),  Brendan Boyle (D),  Robert Brady (D),  Anthony Brown (D),  Julia Brownley (D),  Emanuel Cleaver (D),  Paul Cook (R),  Ryan Costello (R),  Joseph Crowley (WFP),  Carlos Curbelo (R),  John Delaney (D),  Charles Dent (R),  Mark DeSaulnier (D),  Daniel Donovan (R),  Elizabeth Esty (D),  Dwight Evans (D),  Brian Fitzpatrick (R),  John Garamendi (D),  Tom Garrett (R),  Greg Gianforte (R),  Josh Gottheimer (D),  Duncan Hunter (R),  Darrell Issa (R),  Evan Jenkins (R),  Mike Kelly (R),  Dan Kildee (D),  Derek Kilmer (D),  Peter King (R),  Raja Krishnamoorthi (D),  Ann Kuster (D),  Darin LaHood (R),  Leonard Lance (R),  Brenda Lawrence (D),  Ted Lieu (D),  Daniel Lipinski (D),  Frank LoBiondo (R),  Barry Loudermilk (R),  Stephen Lynch (D),  Thomas MacArthur (R),  Sean Maloney (D),  Brian Mast (R),  David McKinley (R),  Grace Meng (D),  Luke Messer (R),  Paul Mitchell (I),  Alex Mooney (R),  Seth Moulton (D),  Stephanie Murphy (D),  Donald Norcross (D),  Frank Pallone (D),  Ed Perlmutter (D),  Scott Perry (R),  Scott Peters (D),  Mark Pocan (D),  Tom Reed (R),  David Roe (R),  Jacky Rosen (D),  Dutch Ruppersberger (D),  John Rutherford (R),  Tim Ryan (D),  F. James Sensenbrenner (R),  Bill Shuster (R),  Kyrsten Sinema (I),  Adam Smith (D),  Lloyd Smucker (R),  Darren Soto (D),  Elise Stefanik (R),  Tom Suozzi (D),  G.T. Thompson (R),  David Valadao (R),  Jackie Walorski (R),  Bonnie Watson Coleman (D),  Peter Welch (D),  Joe Wilson (R),  Rob Wittman (R),  Lee Zeldin (R), 

Last Action

ASSUMING FIRST SPONSORSHIP - Mr. Norcross asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 3395, a bill originally introduced by former Representative Meehan, for purposes of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection. (on 05/07/2018)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...