summary
Introduced
05/20/2021
05/20/2021
In Committee
05/20/2021
05/20/2021
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To have education funds follow the student.
AI Summary
This bill, titled the "Children Have Opportunities in Classrooms Everywhere Act," proposes changes to the Elementary and Secondary Education Act of 1965 to have federal funding follow the student rather than being tied to a specific school. The key provisions include:
1. Allowing state educational agencies to allocate certain federal education funds, such as those provided under Title I and other programs, to the public school the eligible child attends or for expenses related to a 529 education savings plan account if the child is enrolled in a private school or homeschool.
2. Defining an "eligible child" as one from a household with a taxable income not exceeding 130% of the poverty level and establishing a formula for distributing funds based on the concentration of students from low-income households in the school district.
3. Expanding the permitted uses of 529 education savings plan accounts to include expenses for elementary and secondary education, such as tuition, curriculum materials, and educational therapies.
4. Increasing the additional tax on distributions from 529 accounts that are not used for educational purposes if the funds were previously attributed to a grant provided under this bill.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Read twice and referred to the Committee on Finance. (on 05/20/2021)
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/117th-congress/senate-bill/1757/all-info |
| BillText | https://www.congress.gov/117/bills/s1757/BILLS-117s1757is.pdf |
| Bill | https://www.congress.gov/117/bills/s1757/BILLS-117s1757is.pdf.pdf |
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