Updates definitions to align with federal law changes for qualified higher education expenses in 529 accounts.

This bill amends the West Virginia College Prepaid Tuition and Savings Program Act to update definitions to reflect changes in federal law regarding qualified higher education expenses for 529 accounts. It ensures that terms such as "qualified education expenses" and "savings plan" align with federal standards, allowing for distributions from 529 accounts to cover expenses at eligible educational institutions. The changes aim to keep the state's program consistent with federal regulations.

Updates definitions to align with federal law changes for qualified higher education expenses in 529 accounts.

This bill amends the West Virginia College Prepaid Tuition and Savings Program Act to update definitions to reflect changes in federal law regarding qualified higher education expenses for 529 accounts. It ensures that terms such as "qualified education expenses" and "savings plan" align with federal standards, allowing for distributions from 529 accounts to cover expenses at eligible educational institutions. The changes aim to keep the state's program consistent with federal regulations.