To amend the Internal Revenue Code of 1986 to permit qualified distributions from section 529 plans for certain transportation and parking expenses.

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 8438 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 8438 To amend the Internal Revenue Code of 1986 to permit qualified distributions from section 529 plans for certain transportation and parking expenses. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 16, 2024 Ms. McClellan (for herself and Ms. Sanchez) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to permit qualified distributions from section 529 plans for certain transportation and parking expenses. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. QUALIFIED DISTRIBUTIONS FROM SECTION 529 PLANS FOR CERTAIN TRANSPORTATION AND PARKING EXPENSES. (a) In General.--Section 529(e)(3)(A) of the Internal Revenue Code of 1986 is amended by striking ``and'' at the end of clause (ii), by striking the period at the end of clause (iii) and ins…