Skills Investment Act of 2025

Senate Bill

S. 3217

119th Congress

Skills Investment Act of 2025

In Committee

Introduced:Nov 19, 2025

Primary Sponsor

Amy Klobuchar

D - MN

Cosponsors

1

Quick Stats

Policy Area

Taxation

Summary

The Skills Investment Act expands Coverdell Education Savings Accounts, renaming them Coverdell Lifelong Learning Accounts, to cover workforce training and career development for adults. The accounts can now be used for training services under the Workforce Innovation and Opportunity Act, career and technical education, adult education, and related technology expenses.

Latest Action

Read twice and referred to the Committee on Finance.

AI Summary

Plain-English explanation of this bill

The Skills Investment Act expands Coverdell Education Savings Accounts, renaming them Coverdell Lifelong Learning Accounts, to cover workforce training and career development for adults. The accounts can now be used for training services under the Workforce Innovation and Opportunity Act, career and technical education, adult education, and related technology expenses.

Last updated: 12/27/2025

Key Points

Main provisions of the bill

Renames Coverdell Education Savings Accounts to Lifelong Learning Accounts
Expands eligible expenses to include workforce training after age 16
Covers WIOA training services, career and technical education, adult education
Allows purchases of computers and software for training purposes
Permits $10,000 account balance to remain after age 30

How This Impacts Americans

Potential effects on citizens and communities

Workers seeking to upskill or change careers would have tax-advantaged savings for workforce training. Parents could use existing education savings accounts for children's career development. Training providers and community colleges would gain access to a new funding source for adult education.

Policy Areas

Primary Policy Area

Taxation

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

3217, 119th Congress (2025). "Skills Investment Act of 2025". Source: Voter's Right Platform. https://votersright.org/bills/119-s-3217