summary
Introduced
01/03/2019
01/03/2019
In Committee
01/03/2019
01/03/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
To amend the Internal Revenue Code of 1986 to allow section 529 education accounts to be used for homeschooling expenses. This bill allows distributions from tax-favored qualified tuition programs (known as 529 plans) to be used for certain expenses in connection with a homeschool (whether treated as a homeschool or a private school for purposes of state law). The expenses include curriculum and curricular materials, books or other instructional materials, online educational materials, tuition for tutoring or educational classes outside of the home (if the tutor or instructor is not related to the student), dual enrollment in an institution of higher education, and educational therapies for students with disabilities.
AI Summary
This bill allows distributions from tax-favored qualified tuition programs (known as 529 plans) to be used for certain expenses in connection with a homeschool, whether treated as a homeschool or a private school under state law. The expenses include curriculum and instructional materials, books, online educational materials, tutoring or educational classes outside the home, dual enrollment in higher education, and educational therapies for students with disabilities. The amendment made by this bill applies to distributions made after the date of the bill's enactment.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Referred to the House Committee on Ways and Means. (on 01/03/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/house-bill/65/all-info |
| BillText | https://www.congress.gov/116/bills/hr65/BILLS-116hr65ih.pdf |
| Bill | https://www.congress.gov/116/bills/hr65/BILLS-116hr65ih.pdf.pdf |
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