S. 2206 would double the annual amount that families can withdraw from 529 college savings accounts, increasing the limit from $10,000 to $20,000 per year for qualified higher education expenses. A 529 account is a tax-advantaged savings plan that allows families to set aside money for education costs like tuition, fees, and room and board. The change would take effect for the 2026 tax year and beyond, giving families greater flexibility in using their education savings. This bill affects any family with a 529 account who wants to cover college expenses. The bill does not require any new federal funding, as it simply adjusts an existing tax code limit.