S.539: Lifelong Learning and Training Account Act of 2019

About This Bill

Bill Sponsor

Bill Summary

Lifelong Learning and Training Account Act of 2019 This bill establishes tax-preferred savings accounts that may be used to pay for training expenses and will be managed by state programs known as Lifelong Learning and Training Account programs. Tax-exempt distributions from an account may be used for training that results in a recognized postsecondary credential, such as an industry-recognized certificate or certification, a license...

(Source: Congressional Research Service)

Bill Actions

Date Description
Feb. 25
Read twice and referred to the Committee on Finance.
Feb. 25

Introduced in the Senate by Mark Warner (D-Va.)

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