,i  #aaith ,,congress  #b;d ,session    
,h4 ,r4 #gaae  ,,in ,,the ,,house ,,of  
,,representatives  ,january #ae1        
#bjbf,mr4 ,moore of ,west ,virginia 7for
 himself1 ,mr4 ,rulli1 ,mrs4 ,hinson1   
,mr4 ,goldman of ,texas1 and ,mr4 ,moore
 of ,alabama7 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 establish ,jumpstart 
,programs for saving for apprenticeship 
and trade occupation training1 and for  
other purposes4  #a4 ,short title ,this 
,act may be cited as the ,jumpstart     
,savings ,act4  #b4 ,jumpstart ,program 
7a7 ,in general ,part ,,viii of         
subchapter ,f of chapter #a of the      
,internal ,revenue ,code of #aihf is    
amended by inserting after section      
#ebi;,a the following new section3      
#ebi;,b4 ,jumpstart ,program  7a7 ,in   
general ,a ,jumpstart ,program shall be 
exempt from taxation under this         
subtitle4 ,notwithstanding the preceding

 sentence1 such program shall be subject
 to the taxes imposed by section #eaa   
7relating to imposition of tax on       
unrelated business income of charitable 
organizations74  7b7 ,jumpstart ,program
 ,for purposes of this section-- 7#a7   
,in general ,the term ,jumpstart        
,program means a program established and
 maintained by a ,state or agency or    
instrumentality thereof under which a   
person may make contributions to an     
account which is established for the    
purpose of meeting the qualified        
occupation1 profession1 or trade        
expenses of the designated beneficiary  
of the account4  7#b7 ,additional       
requirements ,a program shall not be    
treated as a ,jumpstart ,program unless 
such program meets rules similar to the 
rules of paragraphs 7#b71 7#c71 7#d71   
7#e71 and 7#f7 of section #ebi7;b74  7c7
 ,qualified occupation1 profession1 or  
trade expenses ,for purposes of this    
section1 the term qualified occupation1 
profession1 or trade expenses means--   

7#a7 expenses in connection with        
completing an apprenticeship program    
registered and certified with the       
,department of ,labor1 as provided in   
the ,act of ,august #af1 #aicg 7commonly
 known as the ,national ,apprenticeship 
,act2 #ej ,stat4 #ffd1 chapter #ffc2 #bi
 ,u4,s4,c4 #ej et seq471  7#b7 tuition1 
fees1 books1 supplies1 and equipment    
required for the enrollment or          
attendance of a designated beneficiary  
in an associate degree or certification 
program at a community and technical    
college1  7#c7 fees for required        
certification or licensure for the      
beneficiary to practice a trade or      
occupation1  7#d7 amounts paid or       
incurred for the purchase of tools and  
equipment acquired by the individual in 
the normal course of the practice of a  
trade or occupation1 and  7#e7 costs    
incurred by the beneficiary that are    
necessary to establish a business in a  
,state in which the beneficiary will    
practice an occupation or profession    

when the costs are exclusively paid or  
incurred for the purpose of establishing
 and operating such business4  7d7 ,tax 
treatment of designated beneficiaries   
and contributors ,for purposes of this  
section1 rules similar to the rules of  
paragraphs 7#a71 7#b71 7#c71 7#d71 and  
7#e7 of section #ebi7;c7 shall apply to 
,jumpstart ,accounts in the same manner 
as applied to qualified tuition programs
 described in section                   
#ebi7;b77#a77;,a77ii74  7e7 ,designated 
beneficiary ,the term designated        
beneficiary means-- 7#a7 the individual 
designated at the commencement of       
participation in the ,jumpstart ,program
 as the beneficiary of amounts paid 7or 
to be paid7 to the program1 and  7#b7 in
 the case of a change in beneficiaries  
under rules similar to the rules of     
section #ebi7;c77#c77;,c71 the          
individual who is the new beneficiary4  
7f7 ,reports ,each officer or employee  
having control of the ,jumpstart        
,program or their designee shall make   

such reports regarding such program to  
the ,secretary and to designated        
beneficiaries with respect to           
contributions1 distributions1 and such  
other matters as the ,secretary may     
require4 ,the reports required by this  
paragraph shall be filed at such time   
and in such manner and furnished to such
 individuals at such time and in such   
manner as may be required by the        
,secretary4  4  7b7 ,rollover from      
qualified tuition programs ,section     
#ebi7;c77#c77;,c77i7 of such ,code is   
amended by striking or at the end of    
subclause 7,,ii71 by striking the period
 at the end of subclause 7,,iii7 and    
inserting 1 or1 and by inserting after  
subclause 7,,iii7 the following new     
subclause3  7,,iv7 to a ,jumpstart      
,program 7as defined in section         
#ebi;,b7b77#a77 of the designated       
beneficiary or a member of the family of
 the designated beneficiary4  4  7c7    
,failure to provided reports ,section   
#ffic7;a77#b7 of such ,code is amended  

by redesignating subparagraphs 7,f7 and 
7,g7 as subparagraphs 7,g7 and 7,e71    
respectively1 and by inserting after    
subparagraph 7,e7 the following new     
subparagraph3  7,f7 section #ebi;,b7f7  
7relating to ,jumpstart ,program71  4   
7d7 ,clerical amendment ,the table of   
sections for part ,,viii of subchapter  
,f of chapter #a is amended by inserting
 after the item relating to section     
#ebi;,a the following new item3  ,sec4  
#ebi;,b4 ,jumpstart ,program4  4  7e7   
,effective date ,the amendment made by  
this section shall apply to taxable     
years beginning after ,december #ca1    
#bjbe4