Freedom to Invest in Tomorrow’s Workforce Act
The summary
What this bill does
Freedom to Invest in Tomorrow’s Workforce Act
This bill expands the expenses eligible for tax-free withdrawals from a qualified tuition program (known as a 529 plan) to include tuition, fees (including test fees), books, supplies, equipment, and other expenses related to the enrollment or attendance in a recognized postsecondary credentialing program.
Under the bill, a recognized postsecondary credentialing program includes certain programs identified by a state as providing training services, a program listed in the Web Enabled Approval Management System (WEAMS) maintained by the Department of Veterans Affairs, certain examinations required to obtain or maintain a credential, and other reputable credentialing programs.
Further, under the bill, such programs must be designed for an individual to obtain
- an industry-recognized postsecondary employment credential (e.g., project management professional certificate, advanced emergency medical technician certificate, and welding supervisor certificate),
- a certificate of completion of a registered and certified apprenticeship,
- an occupational or professional license issued or recognized by a state or the federal government (and any certification required for obtaining such license), or
- an associate or baccalaureate degree.
Legislative timeline
From introduction
Feb 7, 2025
Introduced & referred to committee
Congressional support
Sponsors & Cosponsors
U.S. Representative - VA District 1 · R-VA
203 cosponsors
U.S. Representative - NV District 4 · D-NV
U.S. Representative - OK District 1 · R-OK
U.S. Representative - CT District 1 · D-CT
Member of Congress · R-MN
U.S. Representative - VA District 4 · D-VA
U.S. Representative - GA District 10 · R-GA
U.S. Representative - CA District 19 · D-CA
U.S. Representative - OH District 15 · R-OH
U.S. Representative - VA District 10 · D-VA
U.S. Representative - IN District 1 · D-IN
U.S. Representative - GA District 7 · R-GA
U.S. Representative - VA District 5 · R-VA
+ 191 more cosponsors
Roll-call vote
The vote, by member
The vote, by member
VERSION CHANGES
What changed,
and where.
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Bill Metadata
| Congress | 119 |
| Bill Type | HR |
| Bill Number | 1151 |
| Origin Chamber | House |
| Current Status | Referred to the House Committee on Ways and Means. |
| Policy Area | Taxation |
| Primary Committee | Not assigned |
| Introduced | February 7, 2025 |
| Latest Action | February 7, 2025 |
| Cosponsors | 203 · House vote — · — views |