[Congressional Record Volume 163, Number 202 (Tuesday, December 12, 2017)]
[Senate]
[Page S7976]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
By Mr. DAINES (for himself, Mr. Booker, Ms. Murkowski, and Ms.
Warren):
S. 2222. A bill to amend the Internal Revenue Code of 1986 to allow
for distributions from 529 accounts for expenses associated with
registered apprenticeship programs; to the Committee on Finance.
Mr. DAINES. Mr. President, I ask unanimous consent that the text of
the bill be printed in the Record.
There being no objection, the text of the bill was ordered to be
printed in the Record, as follows:
S. 2222
Be it enacted by the Senate and House of Representatives of
the United States of America in Congress assembled,
SECTION 1. DISTRIBUTIONS FROM 529S FOR REGISTERED
APPRENTICESHIP PROGRAMS.
(a) In General.--Section 529(e)(3) of the Internal Revenue
Code of 1986 is amended by adding at the end the following
new subparagraph:
``(C) Certain expenses associated with registered
apprenticeship programs.--The term `qualified higher
education expenses' shall include books, supplies, and
equipment required for the enrollment or attendance of a
designated beneficiary in an apprenticeship program
registered and certified with the Secretary of Labor under
section 1 of the National Apprenticeship Act (29 U.S.C.
50).''.
(b) Effective Date.--The amendment made by this section
shall apply to contributions made and distributions paid
after December 31, 2017.
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