01 — The Text
What.
- Allows 529 education savings accounts to pay for job training credentials—welding certificates, project management certifications, apprenticeships—not just college degrees.
- Eligible programs include state-approved training, VA-listed programs, industry certifications, and licenses required by states or federal government.
- Covers tuition, fees, test costs, books, supplies, and equipment for these credentialing programs.
02 — The Stakes
So what?
- Benefits workers pursuing careers outside traditional 4-year degrees: electricians, nurses, welders, project managers get tax-free savings access.
- Levels playing field between college-bound and trade-route students, as college savers already had 529 tax advantages.
- States and credential-issuing bodies define what qualifies, creating potential inconsistency across programs and regions.
03 — The Path
Now what?
- Bill introduced Feb. 7, 2025; referred to House Ways and Means Committee. No votes scheduled yet.
- Strong bipartisan support: 203 cosponsors suggest momentum, though committee markup and floor passage timeline unknown.
- Contact your House rep to signal support or opposition; Ways and Means Committee handles tax bills.
Legislative History
Actions.
- Feb 7, 2025 — Referred to the House Committee on Ways and Means.
- Feb 7, 2025 — Introduced in House
- Feb 7, 2025 — Introduced in House