summary
Introduced
01/26/2023
01/26/2023
In Committee
01/26/2023
01/26/2023
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL To amend the Internal Revenue Code of 1986 to allow a credit against tax for charitable donations to nonprofit organizations providing education scholarships to qualified elementary and secondary students.
AI Summary
This bill, the Educational Choice for Children Act, would amend the Internal Revenue Code to allow a tax credit for charitable donations to nonprofit organizations that provide education scholarships to eligible elementary and secondary students. The bill establishes requirements for these "scholarship granting organizations" and sets a nationwide volume cap on the amount of qualified contributions that can be claimed as a credit. It also exempts scholarship funds from being included in the recipient's gross income and prohibits government control or discrimination against private or religious schools in the use of these scholarships.
Committee Categories
Budget and Finance
Sponsors (32)
Bill Cassidy (R)*,
John Barrasso (R),
Marsha Blackburn (R),
John Boozman (R),
Katie Boyd Britt (R),
Mike Braun (R),
Ted Budd (R),
John Cornyn (R),
Tom Cotton (R),
Kevin Cramer (R),
Steve Daines (R),
Joni Ernst (R),
Lindsey Graham (R),
Bill Hagerty (R),
Josh Hawley (R),
Cindy Hyde-Smith (R),
John Neely Kennedy (R),
Cynthia Lummis (R),
Markwayne Mullin (R),
Rand Paul (R),
Pete Ricketts (R),
Jim Risch (R),
Marco Rubio (R),
Eric Schmitt (R),
Rick Scott (R),
Tim Scott (R),
John Thune (R),
Thom Tillis (R),
Tommy Tuberville (R),
J.D. Vance (R),
Roger Wicker (R),
Todd Young (R),
Last Action
Read twice and referred to the Committee on Finance. (on 01/26/2023)
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/118th-congress/senate-bill/120/all-info |
| BillText | https://www.congress.gov/118/bills/s120/BILLS-118s120is.pdf |
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