The BOC Joins the Tomorrow’s Workforce Coalition
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The BOC has joined with more than 500 trade associations, professional societies, businesses and employers to launch the Tomorrow’s Workforce Coalition, established to build support for the Freedom to Invest in Tomorrow’s Workforce Act (S. 722 / H.R. 1477).
The bipartisan, bicameral Freedom to Invest in Tomorrow’s Workforce Act would expand qualified expenses under 529 savings plans to include postsecondary training and credentialing, such as licenses and professional certifications. The bill would provide valuable tax-advantage resources for families, students and workers—with or without a college degree—who pursue career growth, mid-career changes or pathways that diverge from a typical academic route.
This is part of a continued effort that the BOC has been involved with. Find more information on the BOC’s efforts to date here.