American Workforce Empowerment Act

American Workforce Empowerment Act

This bill allows tax-preferred college savings plans (529 plans) to fund certain postsecondary certificate programs and apprenticeship programs.

[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 329 Introduced in House (IH)]

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118th CONGRESS
  1st Session
                                H. R. 329

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


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                    IN THE HOUSE OF REPRESENTATIVES

                            January 12, 2023

   Mr. Finstad (for himself, Mr. Johnson of Ohio, Mr. Gallagher, Mr. 
 Curtis, Mr. Bishop of North Carolina, Mr. Balderson, Mr. Luetkemeyer, 
 Mr. Bacon, Mr. LaTurner, Mr. Gosar, Mr. Costa, Mr. Ellzey, Mr. Issa, 
Mr. Bost, Mr. LaMalfa, Mr. Carter of Texas, Mr. Stauber, Mr. Ruiz, Mr. 
Moore of Alabama, Mr. Rutherford, Mr. Valadao, Mr. Dunn of Florida, Mr. 
   Newhouse, Mr. Mann, Mrs. McClain, Mr. Westerman, and Mr. Calvert) 
 introduced the following bill; which was referred to the Committee on 
                             Ways and Means

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                                 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 and 
                        apprenticeship 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 AND APPRENTICESHIP 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 and registered 
        apprenticeship programs.--Any reference in this subsection to 
        the term `qualified higher education expense' shall include a 
        reference to expenses for fees, books, supplies, tools, and 
        equipment required for the participation of a designated 
        beneficiary in--
                    ``(A) an apprenticeship program registered and 
                certified with the Secretary of Labor under section 1 
                of the National Apprenticeship Act (29 U.S.C. 50), and
                    ``(B) a recognized postsecondary credential as 
                defined under 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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