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119-s-1590119th CongressWALLET
Aviation Workforce Development Act
Sponsored By: Senator Scott, Tim [R-SC]
Introduced
Summary
Allows 529 plans to cover aviation maintenance and commercial pilot training. This bill would expand the list of qualified higher education expenses to include tuition, fees, books, supplies, and equipment required for aircraft maintenance programs under 14 CFR Part 147 and for commercial pilot courses taught at flight schools under Part 61 or Part 141.
Show full summary
- Students and families would be able to use 529 plan withdrawals for tuition, fees, books, supplies, and required equipment for aviation maintenance and commercial pilot courses.
- Flight schools and aviation maintenance schools that meet the cited Federal Aviation Administration rules would likely be easier to afford for trainees, which could widen access to aviation career training.
- 529 account owners could name trainees as designated beneficiaries and take qualified distributions for these expenses. The change would apply to distributions made after enactment.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Use 529 for aviation training
If enacted, you could use money from a Section 529 college savings plan to pay certain aviation training costs. Covered costs would include tuition, fees, books, supplies, and required equipment. It would cover aviation maintenance courses at FAA Part 147 schools and commercial pilot training at schools under FAA Part 61 or with a Part 141 certificate. This change would apply to 529 plan distributions made after the bill becomes law. To the extent distributions follow 529 rules, these withdrawals would not be taxable or penalized.
Sponsors & CoSponsors
Sponsor
Scott, Tim [R-SC]
SC • R
Cosponsors
Sen. Cantwell, Maria [D-WA]
WA • D
Sponsored 5/5/2025
Sen. Warnock, Raphael G. [D-GA]
GA • D
Sponsored 5/5/2025
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov