[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 2921 Introduced in Senate (IS)]

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118th CONGRESS
  1st Session
                                S. 2921

 To amend the Internal Revenue Code of 1986 to permit 529 plans to be 
 used for certain non-degree technical training certificate programs, 
         apprenticeship programs, and other training programs.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

           September 26 (legislative day, September 22), 2023

 Mr. Marshall introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to permit 529 plans to be 
 used for certain non-degree technical training certificate programs, 
         apprenticeship programs, and other training programs.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``American Workforce Empowerment 
Act''.

SEC. 2. 529 ACCOUNT FUNDING FOR NON-DEGREE TECHNICAL TRAINING 
              CERTIFICATE PROGRAMS, APPRENTICESHIP PROGRAMS, AND OTHER 
              TRAINING PROGRAMS.

    (a) In General.--Paragraph (8) of section 529(c) of the Internal 
Revenue Code of 1986 is amended to read as follows:
            ``(8) Treatment of certain expenses associated with 
        technical training certificate programs, registered 
        apprenticeship programs, and other training programs.--Any 
        reference in this subsection to the term `qualified higher 
        education expense' shall include a reference to expenses for 
        fees, books, supplies, and equipment required for the 
        participation of a designated beneficiary in--
                    ``(A) an apprenticeship program registered and 
                certified with the Secretary of Labor under the Act of 
                August 16, 1937 (commonly known as the `National 
                Apprenticeship Act'; 50 Stat. 664, chapter 663; 29 
                U.S.C. 50 et seq.),
                    ``(B) a preapprenticeship program as defined in 
                section 681.480 of title 20, Code of Federal 
                Regulations (or any succeeding regulation),
                    ``(C) a program of high school career and technical 
                education (as the terms `high school' and `career and 
                technical education' are defined in section 3 of the 
                Carl D. Perkins Career and Technical Education Act of 
                2006 (29 U.S.C. 2302)), or
                    ``(D) obtaining or maintaining a recognized 
                postsecondary credential as defined in section 3 of the 
                Workforce Innovation and Opportunity Act (29 U.S.C. 
                3102), including testing and other fees required by the 
                organization issuing the recognized postsecondary 
                credential as a condition of obtaining or maintaining 
                the credential.''.
    (b) Effective Date.--The amendment made by this section shall apply 
to expenses paid or incurred after the date of the enactment of this 
Act for programs beginning after the date of the enactment of this Act.
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