# 119-hr-464: Skills Investment Act of 2025

119-hr-464, Skills Investment Act of 2025, is a 119th Congress bill sponsored by Rep. Thompson, Glenn [R-PA-15] (R-PA); status introduced; PRIA reads it as touching household money (as of 2026-09-21).

- Canonical: https://policyrisk.com/legislation/119-hr-464
- As of: 2026-09-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-464
- Congress: 119
- Title: Skills Investment Act of 2025
- Status: introduced
- Introduced: 2025-01-15
- Sponsor: Rep. Thompson, Glenn [R-PA-15] (R-PA)
- Cosponsors: 6
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-09-21

## Summary

**Renames Coverdell education savings as Coverdell Lifelong Learning Accounts and expands their use for adult and career training.** The bill would broaden eligible expenses, add an employer credit, create a beneficiary deduction, and change contribution and penalty rules. - Learners and families: Would let account money pay for a wide set of training and education activities under the Workforce Innovation and Opportunity Act, Perkins career and technical education, youth workforce programs, and adult education, plus transportation, testing, computers, and internet. - Employers and workers: Would create a 25 percent tax credit for nonelective employer contributions to these accounts, with exclusions for certain owners and relatives and aggregation rules that treat related employers as one. - Account rules and tax treatment: Would raise the age for making contributions to 70 and cap account balances at $10,000 after age 30. It would allow a deduction for beneficiaries' contributions and double the additional tax on nonqualified distributions.

## Cosponsors (6)

- Rep. Bonamici, Suzanne [D-OR-1] (D-OR), 2025-01-15T00:00:00.000Z
- Rep. Fitzpatrick, Brian K. [R-PA-1] (R-PA), 2025-01-15T00:00:00.000Z
- Rep. Schneider, Bradley Scott [D-IL-10] (D-IL), 2025-01-15T00:00:00.000Z
- Rep. McDonald Rivet, Kristen [D-MI-8] (D-MI), 2025-01-31T00:00:00.000Z
- Rep. Bost, Mike [R-IL-12] (R-IL), 2025-03-03T00:00:00.000Z
- Rep. Vindman, Eugene Simon [D-VA-7] (D-VA), 2025-09-16T00:00:00.000Z

## Provisions PRIA read

- 25% employer credit for Coverdell contributions: benefit, high. If enacted, for tax years after Dec 31, 2025 employers could claim a 25% nonrefundable credit for nonelective contributions to employees’ Coverdell accounts. Certain owners and related individuals would not count as employees for this credit. Leased employees would count, and related employers woul…
- Use accounts for job training costs: benefit, low. If enacted, distributions after Dec 31, 2025 could cover job training once the beneficiary is 16 or older. Covered costs would include eligible workforce training, career and technical education, adult education, and certain career services. It would also cover needed transportation, testing, and c…
- Higher penalty and tighter beneficiary changes: cost, low. If enacted, starting Jan 1, 2026 the penalty on nonqualified Coverdell withdrawals would rise to 20% of the taxable amount. Also, changing the beneficiary would be taxable if the old beneficiary is 30 or older. If the old beneficiary is under 30, a change could still be tax-free if other rules are…
- New tax break for adult learners: mixed, high. If enacted, starting for tax years after Dec 31, 2025, a designated beneficiary age 18 or older could deduct yearly Coverdell contributions made for them. The deduction would equal your contributions minus any rollovers. Starting in 2026, withdrawals would be taxed first up to the total of all past…
- Longer time to contribute, $10K cap: mixed, medium. If enacted, starting Jan 1, 2026 you could contribute to a Coverdell account until age 70. For beneficiaries under 30, the $2,000 yearly limit would stay. For beneficiaries 30 or older, the limit would be $4,000, but you could not add money if it would push the balance over $10,000. Also, accounts…

## Related bills

- 119-hr-7567: Farm, Food, and National Security Act of 2026
- 119-hr-9877: Health Equity and Accountability Act of 2026
- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-1262: Mikaela Naylon Give Kids a Chance Act
- 119-hr-3184: PFAS Alternatives Act
- 119-hr-1065: Protect Our Letter Carriers Act of 2025

## Sources
- [119-hr-464 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/464)

## Related
- [119-hr-7567: Farm, Food, and National Security Act of 2026](https://policyrisk.com/legislation/119-hr-7567)
- [119-hr-9877: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-hr-9877)
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-1262: Mikaela Naylon Give Kids a Chance Act](https://policyrisk.com/legislation/119-hr-1262)
- [119-hr-3184: PFAS Alternatives Act](https://policyrisk.com/legislation/119-hr-3184)
- [119-hr-1065: Protect Our Letter Carriers Act of 2025](https://policyrisk.com/legislation/119-hr-1065)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-464 (as of 2026-09-21).