A bill to amend the Internal Revenue Code of 1986 to increase the limitation on distributions from 529 accounts for qualified higher education expenses.

S. 2206119th Congress

A bill to amend the Internal Revenue Code of 1986 to increase the limitation on distributions from 529 accounts for qualified higher education expenses.

Introduced in the SenateSen. Eric Schmitt (R-MO)2 sections · 1 min read

Version: is · Apr 20, 2026

(a) In general

The last sentence of section 529(e)(3) of the Internal Revenue Code of 1986 is amended by striking $10,000 and inserting $20,000.

(b) Effective date

The amendment made by this section shall apply to taxable years beginning after December 31, 2025.

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