Fairness for the Trades Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 808 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 808 To amend the Internal Revenue Code of 1986 to permit qualified business trade expenses to be treated as qualified higher education expenses for purposes of 529 accounts. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES January 28, 2025 Ms. Perez (for herself and Mr. Edwards) 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 business trade expenses to be treated as qualified higher education expenses for purposes of 529 accounts. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Fairness for the Trades Act''. SEC. 2. QUALIFIED BUSINESS TRADE EXPENSES TREATED AS QUALIFIED HIGHER EDUCATION EXPENSES FOR PURPOSES OF 529 ACCOUNTS. (a) In General.--Section 529(e)(3) of the Internal …