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
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
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
Sponsors
Role
Legislator
Party
State
District
P
Tim Scott
RRepublican
Co
Cindy Hyde-Smith
RRepublican
Co
Maria Cantwell
DDemocratic
Co
Raphael G. Warnock
DDemocratic
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