,i #aahth ,,congress #ast ,session ,h4 ,r4 #fdjb ,,in ,,the ,,house ,,of ,,representatives ,november #ad1 #bjbc,mr4 ,feenstra 7for himself and ,mr4 ,davis of ,illinois7 introduced the following bill2 which was referred to the ,committee on ,ways and ,means ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to increase the exclusion for educational assistance programs and to allow the exclusion with respect to education-related tools and technology4 #a4 ,short title ,this ,act may be cited as the ,upward ,mobility ,enhancement ,act4 #b4 ,increase in exclusion for educational assistance programs 7a7 ,in general ,section #abg7;a77#b7 of the ,internal ,revenue ,code of #aihf is amended to read as follows3 7#b7 ,maximum exclusion 7,a7 ,in general ,this section shall apply only to the first #ab1jjj of educational assistance furnished to an individual during a calendar year1 in the case of assistance for education below the graduate level4 7,b7 ,inflation adjustment ,in the case of any calendar year after #bjbc1 the dollar amount in subparagraph 7,a7 shall be increased by an amount equal to-- 7i7 such dollar amount1 multiplied by 7ii7 the cost-of-living adjustment determined under section #a7;f77#c7 for the calendar year in which such taxable year begins by substituting calendar year #bjbb for calendar year #bjaf in subparagraph 7,a77ii7 thereof4 ,if any increase determined under this subparagraph is not a multiple of #ej1 such increase shall be rounded to the next lowest multiple of #ej4 4 7b7 ,effective date ,the amendment made by this section shall apply to taxable years beginning after ,december #ca1 #bjbb4 #c4 ,expenses for education-related tools and technology 7a7 ,in general ,section #abg7;c77#a7 of the ,internal ,revenue ,code of #aihf is amended by striking equipment both places it appears in subparagraphs 7,a7 and 7,c7 thereof and inserting education-related tools and technology and other equipment4 7b7 ,education-,related tools and technology ,section #abg7;c7 of such ,code is amended by adding at the end the following new paragraph3 7#h7 ,education-related tools and technology ,for purposes of paragraph 7#a71 the term education-related tools and technology includes any-- 7,a7 hand tools and construction equipment1 7,b7 computer or peripheral equipment 7as defined in section #afh7;i77#b77;,b771 7,c7 computer software 7as defined in section #aig7;e77#c77;,b771 7,d7 internet access and related services 7including equipment or technology necessary for internet access71 7,e7 internet1 mobile1 or virtual reality learning tools and technology1 7,f7 licensure fees1 materials1 or other equipment1 and 7,g7 any other tools or technology as determined by the ,secretary1 provided to an employee which is required for the education of the employee or in connection with a course of instruction for the employee1 or is required in order for the employee to obtain professional advancement1 to obtain any certification1 licensure1 or employment under any ,state1 regional or national guidelines or regulations applicable to a trade or other skilled profession1 or to maintain such a certification1 licensure1 or employment through a continuing education program4 4 7c7 ,employee retention of education-,related tools and technology ,section #abg7;c77#a7 of such ,code is amended by striking completion of a course of instruction1 and inserting completion of a course of instruction 7other than education-related tools and technology not described in paragraph 7#h77;,d7714 7d7 ,effective date ,the amendments made by this section shall apply to amounts paid or incurred on or after the first day of the calendar quarter which includes the date of the enactment of this ,act4