summary
Introduced
10/25/2023
10/25/2023
In Committee
10/25/2023
10/25/2023
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 permit kindergarten through grade 12 educational expenses to be paid from a 529 account.
AI Summary
This bill amends the Internal Revenue Code to allow 529 education savings accounts to be used for a wider range of elementary and secondary school expenses. This includes tuition, curriculum materials, books, online educational materials, tutoring, standardized testing fees, dual enrollment in higher education, and educational therapies for students with disabilities. The bill also extends these expanded 529 account uses to homeschooling expenses. This change takes effect for distributions made after the date of the bill's enactment.
Committee Categories
Budget and Finance
Sponsors (10)
Kevin Hern (R)*,
Dan Bishop (R),
Ron Estes (R),
Glenn Grothman (R),
Ashley Hinson (R),
Mike Kelly (R),
David Kustoff (R),
Nicole Malliotakis (R),
Adrian Smith (R),
Randy Weber (R),
Last Action
Referred to the House Committee on Ways and Means. (on 10/25/2023)
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/house-bill/6050/all-info |
| BillText | https://www.congress.gov/118/bills/hr6050/BILLS-118hr6050ih.pdf |
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