H. R. 1818, titled the “Aviation Workforce Development Act,” aims to change the Internal Revenue Code of 1986 so that certain aviation courses can qualify for tax-free savings. It allows money saved in qualified tuition programs, like 529 plans, to be used for expenses...
Simple Explanation
H. R. 1818 wants to let people use special savings set aside for college, like 529 plans, to pay for learning how to fix airplanes or become a pilot. This change will only happen once the bill is officially made into law.