S 1561 United States Senate · 118th Congress

Aviation Workforce Development Act

This bill expands the use of 529 college savings plans to cover tuition and related expenses for specific aviation training programs. It allows students to use funds from these tax-advantaged accounts for qualified aviation maintenance courses (taught at FAA-approved schools under part 147 of federal regulations) and qualified commercial pilot courses (taught at FAA-approved flight schools under parts 61 or 141). The change directly affects students enrolled in these approved aviation programs by making 529 savings a viable funding source. The provision applies to distributions made after the bill's enactment date.
Bill status in committee 1 of 4 stages cleared
Introduction
May 2023
Committee Review
Floor Vote
President
Introduced May 11, 2023 Last action May 11, 2023
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Total actions
2
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0
Committee
1
May 11, 2023
Committee
Read twice and referred to the Committee on Finance.
upper
May 11, 2023
Introduced
Introduced in Senate
upper
1 primary · 3 co-sponsors

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