To amend the Internal Revenue Code of 1986 to permit certain expenses associated with obtaining or maintaining recognized postsecondary credentials to be treated as qualified higher education expenses for purposes of 529 accounts.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill requires certain career training and credentialing expenses treated as qualified higher education expenses for purposes of 529 accounts Section 529(e)(3) of the Internal Revenue Code of 1986 is amended by adding at. It relies on definition changes, tax rate changes, compliance mandates, and product standards. The main policy areas are Education and Environment.
Who Benefits and How
Public beneficiaries or protected communities affected by the clause could face reduced risk.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Environmental and public health interests affected by the bill would take on compliance duties, and Educational institutions and students affected by the bill would take on compliance duties.
Key Provisions
- Requires certain career training and credentialing expenses treated as qualified higher education expenses for purposes of 529 accounts Section 529(e)(3) of the Internal Revenue Code of 1986 is amended by adding at...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill requires certain career training and credentialing expenses treated as qualified higher education expenses for purposes of 529 accounts Section 529(e)(3) of the Internal Revenue Code of 1986 is amended by adding at.
Key Policy Areas
Education, Environment
Primary Purpose
The bill requires certain career training and credentialing expenses treated as qualified higher education expenses for purposes of 529 accounts Section 529(e)(3) of the Internal Revenue Code of 1986 is amended by adding at.
Policy Domains
Whole bill
Identified Gains
- Public beneficiaries or protected communities affected by the clause
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Environmental and public health interests affected by the bill
- Educational institutions and students affected by the bill
Sponsors
Legislative Progress
IntroducedMs. Klobuchar (for herself, Mr. Braun, Ms. Duckworth, Ms. Collins, …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
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