US SB1623 | 2019-2020 | 116th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on May 22 2019 - 25% progression, died in committee
Action: 2019-05-22 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 22 2019 - 25% progression, died in committee
Action: 2019-05-22 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allows tax-free distributions from qualified tuition programs (known as 529 plans) to be used for certain expenses associated with registered apprenticeship programs.
Title
Expanding Access to Apprenticeships Act
Sponsors
Sen. Steve Daines [R-MT] | Sen. Cory Booker [D-NJ] | Sen. Lisa Murkowski [R-AK] | Sen. Elizabeth Warren [D-MA] |
Sen. Sherrod Brown [D-OH] | Sen. Pat Roberts [R-KS] | Sen. Dan Sullivan [R-AK] |
History
Date | Chamber | Action |
---|---|---|
2019-05-22 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB2679 (Related) 2019-05-10 - Referred to the House Committee on Ways and Means.
Subjects
Bank accounts, deposits, capital
Employment and training programs
Financial services and investments
Higher education
Income tax exclusion
Licensing and registrations
Student aid and college costs
Taxation
Employment and training programs
Financial services and investments
Higher education
Income tax exclusion
Licensing and registrations
Student aid and college costs
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/1623/all-info |
Text | https://www.congress.gov/116/bills/s1623/BILLS-116s1623is.pdf |