Introduced
S. 2206
Introduced in Senate · July 8, 2025June 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. Increase in limitation for qualified higher education expenses from 529 accounts.
- (a) In general.—The last sentence of section 529(e)(3) of the Internal Revenue Code of 1986 is amended by striking “” and inserting “”.