Create tax-free, portable skill savings accounts for workers to pay for education and training expenses, with contributions from workers, employers, family and friends, government agencies, tax authorities, and community investment organizations.

Suzanne Bonamici · Oregon · Democratic

policy impact 0.62 specificity 0.86 extraction confidence 83%

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introduced the bipartisan Skill Savings Account Act. This bill creates skill savings accounts for workers of all ages to use for education expenses including workforce development and nontraditional learning opportunities. Skill savings accounts allow for tax-free contributions from employers, workers, community investment organizations, family and friends, government agencies, and tax authorities to contribute to an individual’s skill savings account, which are portable and follow the individual worker throughout their working life.

Bonamici backed legislation to establish portable, tax-advantaged skill savings accounts for workers' education and training costs.

Thompson, Bonamici Introduce Bill to Create Skill Savings Accounts | Congresswoman Suzanne Bonamici
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