US S57

Bill

US S57

Student Empowerment Act

Introduced
01/24/2023

In Committee
01/24/2023

Crossed Over

Passed

Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

A bill to amend the Internal Revenue Code of 1986 to permit kindergarten through grade 12 educational expenses to be paid from a 529 account.

AI Summary

This bill, the Student Empowerment Act, would amend the Internal Revenue Code to allow funds from 529 college savings accounts to be used for a broader range of K-12 educational expenses. This includes tuition, curriculum materials, books, online educational materials, tutoring, standardized tests, dual enrollment fees, and educational therapies for students with disabilities. The bill would also allow 529 funds to be used for homeschooling expenses. The amendments made by this bill would apply to distributions made after the date of the bill's enactment.

Committee Categories

Budget and Finance

Sponsors (8)

Ted Cruz (R)*, Ron Johnson (R), James Lankford (R), Mike Lee (R), Rand Paul (R), Eric Schmitt (R), Rick Scott (R), Tim Scott (R),

Last Action

Read twice and referred to the Committee on Finance. (on 01/24/2023)

Official Document

https://www.congress.gov/bill/118th-congress/senate-bill/57/all-info

(6 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.congress.gov/bill/118th-congress/senate-bill/57/all-info
BillText	https://www.congress.gov/118/bills/s57/BILLS-118s57is.pdf

Bill	Bill Name	Last Action	Type
HR5303	NOT in Our Schools Act of 2023 No Obscene Teaching in Our Schools Act of 2023	Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.	Related
HR6050	Student Empowerment Act	Referred to the House Committee on Ways and Means.	Same As
HR6795	ACE Act Achieving Choice in Education Act	Referred to the House Committee on Ways and Means.	Related
HR8915	Education and Workforce Freedom Act	Placed on the Union Calendar, Calendar No. 799.	Related
HR976	TCJA Permanency Act	Referred to the House Committee on Ways and Means.	Related
S3520	ACE Act Achieving Choice in Education Act	Read twice and referred to the Committee on Finance.	Related

Bill > S57

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (8)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary