H.R. 808 aims to change the tax code to allow certain business expenses to count as qualified higher education expenses. This means that people could use 529 savings accounts, normally meant for education costs, to also pay for specific business expenses related to certain...
Simple Explanation
H.R. 808 is a proposal to let people use special school savings accounts, called 529 accounts, to pay for some business costs. This would make it easier for people to use their education savings for business stuff related to certain trades.