US SB2222 | 2017-2018 | 115th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on December 12 2017 - 25% progression, died in committee
Action: 2017-12-12 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7976)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on December 12 2017 - 25% progression, died in committee
Action: 2017-12-12 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7976)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
A bill to amend the Internal Revenue Code of 1986 to allow for distributions from 529 accounts for expenses associated with registered apprenticeship programs. 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 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.
Title
A bill to amend the Internal Revenue Code of 1986 to allow for distributions from 529 accounts for expenses associated with registered apprenticeship programs.
Sponsors
| Sen. Steve Daines [R-MT] | Sen. Cory Booker [D-NJ] | Sen. Lisa Murkowski [R-AK] | Sen. Elizabeth Warren [D-MA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-12-12 | Senate | Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7976) |
Same As/Similar To
HB1 (Related) 2017-12-22 - Became Public Law No: 115-97. (TXT | PDF)
HB3395 (Related) 2018-05-07 - 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.
HB6757 (Related) 2018-09-28 - Received in the Senate and Read twice and referred to the Committee on Finance.
HR1084 (Similar To) 2018-09-27 - Motion to reconsider laid on the table Agreed to without objection.
SB3228 (Related) 2018-07-17 - Read twice and referred to the Committee on Finance.
HB3395 (Related) 2018-05-07 - 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.
HB6757 (Related) 2018-09-28 - Received in the Senate and Read twice and referred to the Committee on Finance.
HR1084 (Similar To) 2018-09-27 - Motion to reconsider laid on the table Agreed to without objection.
SB3228 (Related) 2018-07-17 - Read twice and referred to the Committee on Finance.
Subjects
Bank accounts, deposits, capital
Employment and training programs
Financial services and investments
Higher education
Income tax exclusion
Student aid and college costs
Taxation
Employment and training programs
Financial services and investments
Higher education
Income tax exclusion
Student aid and college costs
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/senate-bill/2222/all-info |
| Text | https://www.congress.gov/115/bills/s2222/BILLS-115s2222is.pdf |
