HR 808 — Fairness for the Trades Act
Last action — Referred to the House Committee on Ways and Means.
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✓Introduced
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2In Committee
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3Passed House
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4Passed Senate
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5To Executive
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6Enacted
This bill is in committee in the House. Introduced January 28, 2025. It must pass committee before a floor vote.
Next likely step: a committee vote, then a floor vote in the House.
Odds of enactment
Low chanceBased on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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In Committee
Current position in the legislative process.
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4 sponsors
1 primary, 3 co-sponsors signed on.
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Bipartisan support
Sponsored across 2 parties (3 R · 1 D) — cross-party backing.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Summary
Fairness for the Trades ActThis bill expands the expenses that may be paid for with tax-free distributions from a qualified tuition program (known as a 529 plan) to include those incurred to purchase business property in certain industries. (Some limitations apply.)Under the bill, tax-free 529 plan distributions may be used to pay for certain property for use by the plan beneficiary in industries within the following industry groups (as classified in the North American Industry Classification System):timber tract operations;forest nurseries and gathering of forest products;logging;fishing;hunting and trapping;support activities for forestry;residential and nonresidential building construction;utility system construction;land subdivision;highway, street, and bridge construction;other heavy and civil engineering construction;foundation, structure, and building exterior contracting;building equipment contracting;building finishing contracting;other specialty trade contracting;automotive repair and maintenance;electronic and precision equipment repair and maintenance;commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance; and personal and household goods repair and maintenance.
Bill Text
- Introduced Introduced in House Current html January 28, 2025
Action History
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Introduced in House
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Introduced in House
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Referred to the House Committee on Ways and Means.
Sponsors
- Marie Gluesenkamp Perez · Primary
- Chuck Edwards · Cosponsor
- Robert P. Bresnahan · Cosponsor
- Riley M. Moore · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 3 co-sponsors · 543 not signed on
Sponsors (1)
- Perez, Marie Gluesenkamp Democratic
Co-sponsors (3)
- Edwards, Chuck Republican
- Bresnahan, Robert P. Republican
- Moore, Riley M. Republican
Not signed on (543)
543 members have not signed on to this bill.
Show all 543 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does HR 808 do?
- Fairness for the Trades ActThis bill expands the expenses that may be paid for with tax-free distributions from a qualified tuition program (known as a 529 plan) to include those incurred to purchase business property in certain industries. (Some limitations apply.)Under the bill, tax-free 529 plan distributions may be used to pay for certain property for use by the plan beneficiary in industries within the following industry groups (as classified in the North American Industry Classification System):timber tract operations;forest nurseries and gathering of forest products;logging;fishing;hunting and trapping;support activities for forestry;residential and nonresidential building construction;utility system construction;land subdivision;highway, street, and bridge construction;other heavy and civil engineering construction;foundation, structure, and building exterior contracting;building equipment contracting;building finishing contracting;other specialty trade contracting;automotive repair and maintenance;electronic and precision equipment repair and maintenance;commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance; and personal and household goods repair and maintenance.
- Who sponsors HR 808?
- HR 808 is sponsored by Perez, Marie Gluesenkamp (Democratic), Edwards, Chuck (Republican), Bresnahan, Robert P. (Republican), and Moore, Riley M. (Republican).
- What is the current status of HR 808?
- This bill is in committee in the House. Introduced January 28, 2025. It must pass committee before a floor vote.
- Where can I track HR 808?
- Track HR 808 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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