HR 4469
American Workforce Empowerment Act
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The American Workforce Empowerment Act amends tax-advantaged 529 college savings plans to allow them to be used for funding certain vocational training programs, including technical certificate programs and registered apprenticeships. This means families can use their 529 plans to cover the costs of tools, equipment, and tuition for these types of training programs. The changes would take effect after the bill is enacted and apply to expenses incurred after that date.
Sponsors
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Primary sponsor
Jim Hagedorn
Cosponsors
Paul Mitchell
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