119-hr3574

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3574 Introduced in House

    (IH) ]

<DOC>

119th CONGRESS
 1st Session
 H. R. 3574

 To amend the Internal Revenue Code of 1986 to permit qualified 
 distributions from 

section 529 plans for certain transportation and 
 parking expenses.

_______________________________________________________________________

 IN THE HOUSE OF REPRESENTATIVES

 May 23, 2025

 Ms. McClellan (for herself and Ms. Sanchez) introduced the following 
 bill; which was referred to the Committee on Ways and Means

_______________________________________________________________________

 A BILL

 To amend the Internal Revenue Code of 1986 to permit qualified 
 distributions from 

section 529 plans for certain transportation and 
 parking expenses.

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

SECTION 1. QUALIFIED DISTRIBUTIONS FROM 

SECTION 529 PLANS FOR CERTAIN 
 TRANSPORTATION AND PARKING EXPENSES.

    (a) In General.--

Section 529

    (e)

    (3)
        (A) of the Internal Revenue Code 
of 1986 is amended by striking ``and'' at the end of clause
            (ii) , by 
striking the period at the end of clause
            (iii) and inserting ``, and'', 
and by inserting after clause
            (iii) the following new clause:
 ``
            (iv) reasonable expenses for 
 transportation (including parking) to such 
 eligible educational institution, not in excess 
 of the allowance (applicable to the student) 
 for transportation included in the cost of 
 attendance (as defined in 

section 472 of the 
 Higher Education Act of 1965 (20 U.S.C. 
 1087ll), as in effect on the date of the 
 enactment of this clause) as determined by such 
 eligible educational institution.''.

    (b) Apprenticeship Programs.--

Section 529
            (c) (8) of such Code is 
amended by inserting ``and to reasonable expenses for transportation 
(including parking) in connection with such participation'' before the 
period at the end.
            (c) Effective Date.--The amendments made by this section shall 
apply to distributions made after the date of the enactment of this 
Act.
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