HR. 3574In Committee
To amend the Internal Revenue Code of 1986 to permit qualified distributions from section 529 plans for certain transportation and parking expenses.
Permit tax-free 529 plan withdrawals for certain transportation and parking expenses under the Internal Revenue Code
Plain-English overview
What this bill does
Permit tax-free 529 plan withdrawals for certain transportation and parking expenses under the Internal Revenue Code
Key points
- Amend 529 plan distribution rules
- Allow transportation expenses
- Allow parking expenses
Current status
Where it stands
Status
In Committee
Latest action
2025-05-23 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedTaxation