EXPENSES FROM 529 ACCOUNTS.
(a) In General.--The last sentence of
Introduced:
Jun 30, 2025
Policy Area:
Taxation
Congress.gov:
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Latest Action
Jun 30, 2025
Read twice and referred to the Committee on Finance.
Actions (2)
Read twice and referred to the Committee on Finance.
Type: IntroReferral
| Source: Senate
Jun 30, 2025
Introduced in Senate
Type: IntroReferral
| Source: Library of Congress
| Code: 10000
Jun 30, 2025
Subjects (1)
Taxation
(Policy Area)
Full Bill Text
Length: 1,309 characters
Version: Introduced in Senate
Version Date: Jun 30, 2025
Last Updated: Nov 14, 2025 6:18 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 2206 Introduced in Senate
(IS) ]
<DOC>
119th CONGRESS
1st Session
S. 2206
To amend the Internal Revenue Code of 1986 to increase the limitation
on distributions from 529 accounts for qualified higher education
expenses.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
June 30, 2025
Mr. Schmitt 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 increase the limitation
on distributions from 529 accounts for qualified higher education
expenses.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
[From the U.S. Government Publishing Office]
[S. 2206 Introduced in Senate
(IS) ]
<DOC>
119th CONGRESS
1st Session
S. 2206
To amend the Internal Revenue Code of 1986 to increase the limitation
on distributions from 529 accounts for qualified higher education
expenses.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
June 30, 2025
Mr. Schmitt 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 increase the limitation
on distributions from 529 accounts for qualified higher education
expenses.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1.
section 529
(e)
(3) of the
Internal Revenue Code of 1986 is amended by striking ``$10,000'' and
inserting ``$20,000''.
(e)
(3) of the
Internal Revenue Code of 1986 is amended by striking ``$10,000'' and
inserting ``$20,000''.
(b) Effective Date.--The amendment made by this section shall apply
to taxable years beginning after December 31, 2025.
<all>