US Codex
Bill
Notes

To amend the Internal Revenue Code of 1986 to allow for distributions from 529 accounts for expenses associated with registered apprenticeship programs.

S. 2222 · 115th Congress · Dec 12, 2017 · Lineage

A BILL

1. Distributions from 529s for registered apprenticeship programs

(a)
In general— Section 529(e)(3) of the Internal Revenue Code of 1986 is amended by adding at the end the following new subparagraph:

“(C) Certain expenses associated with registered apprenticeship programs—The term qualified higher education expenses shall include books, supplies, and equipment required for the enrollment or attendance of a designated beneficiary in an apprenticeship program registered and certified with the Secretary of Labor under section 1 of the National Apprenticeship Act (29 U.S.C. 50).”

(b)
Effective date— The amendment made by this section shall apply to contributions made and distributions paid after December 31, 2017.