H.R. 1151 proposes changes to the Internal Revenue Code of 1986 to allow certain postsecondary credentialing expenses to be classified as qualified higher education expenses for 529 savings accounts. This means that tuition, fees, books, and supplies for recognized credential...
Simple Explanation
H.R. 1151 wants to change the rules so that people can use special savings called 529 accounts to pay for certain school programs that help them learn new skills for work, like tests and classes. These programs are chosen by the government to help people find good jobs.