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.

This bill amends the Internal Revenue Code to allow funds in 529 education savings accounts to be used for qualified business trade expenses in addition to traditional higher education expenses. Specifically, it permits withdrawals for tangible depreciable property (excluding buildings) used in designated skilled trades and construction fields, as defined by North American Industry Classification System codes. The change would take effect for expenses paid in taxable years after the bill's enactment.

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