S. 152 — Student Empowerment Act

This section expands the definition of qualified higher education expenses for 529 plans (i.e., tax-advantaged savings accounts for education) to include tuition, curriculum and curricular materials, books and other instructional materials, online educational materials, tuition for qualified tutoring or educational classes outside the home, fees for standardized achievement tests or college admission examinations, dual enrollment fees, and educational therapies for students with disabilities (e.g., occupational, physical, speech-language) at elementary or secondary public, private, or religious schools or homeschools—with no annual dollar limit (previously limited to $10,000 per beneficiary per taxable year in tuition only at public, private, or religious elementary or secondary schools). The changes apply to distributions made after the date of enactment.