S 756 · in committee · significant
Freedom to Invest in Tomorrow’s Workforce Act
- education
What this bill does
- Expands 529 college savings plans to cover costs for career credential and apprenticeship programs, not just traditional degrees.
- Affects families saving for education and students pursuing vocational or professional certifications.
- Changes tax rules immediately to allow penalty-free withdrawals for eligible credential program expenses.
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Community Threads
Started by Cosponsor
- 01
How would expanding 529 plans to cover apprenticeships and certifications rather than just degrees affect families' education savings strategies and choices?
- 02
What evidence supports the claim that removing tax penalties for credential programs would increase participation in vocational training versus traditional college?
- 03
Which vocational and apprenticeship programs would qualify for penalty-free 529 withdrawals, and who decides what credentials are eligible?
Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.
Sponsor · D-MN
Amy Klobuchar
Citizen cosponsors
0
In Congress
16/ 100
Senators cosponsoring
Introduced 2025-02-26
Joining the bill
Peter Welch
D-VT · original
Susan M. Collins
R-ME · original
Roger Marshall
R-KS · original
Mark Kelly
D-AZ
Thom Tillis
R-NC
Angus S. King Jr.
I-ME
Dan Sullivan
R-AK
John W. Hickenlooper
D-CO
Katie Boyd Britt
R-AL
Tammy Duckworth
D-IL
John Fetterman
D-PA
Eric Schmitt
R-MO
+ 4 more
Legislative timeline
2025-02-26 · senate · IntroReferral
Read twice and referred to the Committee on Finance.
2025-02-26 · IntroReferral
Introduced in Senate
Citizen comments
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