What this bill does
AI plain-language summaryThis bill would let people use money from 529 college savings plans — without paying taxes on withdrawals — to cover costs related to a wider range of education and training programs beyond traditional college. These programs include things like apprenticeships, professional certificate programs, job training courses, and programs that help people earn occupational licenses. Eligible expenses would include tuition, fees, test fees, books, supplies, and equipment. Examples of credentials someone could pursue using these funds include project management certificates, emergency medical technician certificates, welding supervisor certificates, and associate or bachelor's degrees.
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