S 3217 · 119th Congress · Taxation
Skills Investment Act of 2025
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(2025-11-19)
Plain Language Summary
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[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 3217 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 3217 To amend the Internal Revenue Code of 1986 to provide for lifelong learning accounts, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES November 19, 2025 Ms. Klobuchar (for herself and Mr. McCormick) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to provide for lifelong learning accounts, and for other purposes. 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 ``Skills Investment Act of 2025''. SEC. 2. COVERDELL LIFELONG LEARNING ACCOUNTS. (a) In General.-- (1) Renaming of coverdell education savings accounts.-- Section 530 of the Internal Revenue Code of 1986 is amended-- (A) by striking ``Coverdell education savings account'' each place it appears and insertin…
Summarized by Claude AI · Non-partisan · For informational purposes only