Freedom to Invest in Tomorrow’s Workforce Act

119th CongressIntroduced February 26, 2025Sen. Klobuchar, Amy [D-MN]· MN

Stage

In committee

Latest action

Read twice and referred to the Committee on Finance.

February 26, 2025

Summary

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

Committees

PrimaryFinance Committee

Action history

February 26, 2025Introduced in Senate
February 26, 2025Read twice and referred to the Committee on Finance.

Cosponsors (16)

Sen. Collins, Susan M. [R-ME]ME
Sen. Marshall, Roger [R-KS]KS
Sen. Welch, Peter [D-VT]VT
Sen. Hickenlooper, John W. [D-CO]CO
Sen. Kelly, Mark [D-AZ]AZ
Sen. King, Angus S., Jr. [I-ME]ME
Sen. Sullivan, Dan [R-AK]AK
Sen. Tillis, Thomas [R-NC]NC
Sen. Britt, Katie Boyd [R-AL]AL
Sen. Duckworth, Tammy [D-IL]IL
Sen. Fetterman, John [D-PA]PA
Sen. Schmitt, Eric [R-MO]MO
Sen. Tuberville, Tommy [R-AL]AL
Sen. Moran, Jerry [R-KS]KS
Sen. Hyde-Smith, Cindy [R-MS]MS
Sen. Rosen, Jacky [D-NV]NV

Text versions

Introduced in Senate
February 26, 2025
HTML ↗︎PDF ↗︎XML ↗︎

Related bills

H.R. 1151related
Freedom to Invest in Tomorrow’s Workforce Act
H.R. 1related
An act to provide for reconciliation pursuant to title II of H. Con. Res. 14.