S. 2206
119th CONGRESS 1st Session
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 · Sponsor: Mr. Schmitt · Committee: Committee on Finance
Table of contents
SEC. 1. Increase in limitation for qualified higher education expenses from 529 accounts
- (a) In general
- The last sentence of of the Internal Revenue Code of 1986 is amended by striking
striking0,000and inserting0,000. section 529(e)(3)
- The last sentence of of the Internal Revenue Code of 1986 is amended by striking
- (b) Effective date
- The amendment made by this section shall apply to taxable years beginning after December 31, 2025.