To amend the Internal Revenue Code of 1986 to permit qualified distributions from section 529 plans for certain transportation and parking expenses.

# Summary of HR 3574 **What the Bill Would Do** This bill would expand the types of expenses that can be paid for using 529 education savings plans without penalties or taxes. Currently, these accounts allow penalty-free withdrawals for tuition, room and board, books, and other qualified education expenses. If passed, HR 3574 would add certain transportation and parking expenses to this list, allowing families to use these savings for getting students to and from school or college. **Who It Affects** The bill primarily affects families who have opened 529 plans—tax-advantaged savings accounts designed to help pay for education costs.

Students attending college or other qualified educational institutions would benefit, as would their families who could use these existing savings for transportation-related costs instead of having to find alternative funding sources. **Current Status** HR 3574 was introduced by Representative Jennifer L. McClellan (D-VA) in the 119th Congress and is currently in committee, meaning it has not yet been debated or voted on by the full House. The bill has not advanced beyond this initial stage.