529 OPTIONS Act
Bill journey · stage 1 of 5
Just introduced
What it doesSummary introduced in house (Jul 25, 2017)
529 Opening Paths To Invest in Our Nation's Students Act or the 529 OPTIONS 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.
What just happenedMay 7, 2018
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.
Who’s behind it
- Introduced in HouseJul 25, 2017
- May 7, 2018FloorH8D000
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.
- Jul 25, 2017IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Jul 25, 2017IntroReferralIntro-H
Introduced in House
- Jul 25, 2017IntroReferral1000
Introduced in House