Bill
Bill > HR4736
US HR4736
To amend the Internal Revenue Code of 1986 to allow section 529 education accounts to be used for homeschooling expenses.
summary
Introduced
01/03/2018
01/03/2018
In Committee
01/03/2018
01/03/2018
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th 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 amends the Internal Revenue Code to allow distributions from 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 amends the Internal Revenue Code to allow distributions from 529 education savings plans to be used for certain homeschooling expenses. This includes expenses for curriculum, instructional materials, online educational materials, tutoring, dual enrollment at higher education institutions, and educational therapies for students with disabilities, as long as the homeschool is treated as either a homeschool or a private school under state law. The changes would take effect as if they were included in a previous tax law passed in 2017.
Committee Categories
Budget and Finance
Sponsors (17)
Jason Smith (R)*,
Steve Chabot (R),
Kevin Cramer (R),
Drew Ferguson (R),
Louie Gohmert (R),
Karen Handel (R),
Bill Huizenga (R),
Randy Hultgren (R),
Steve King (R),
Billy Long (R),
Brian Mast (R),
Mark Meadows (R),
Kristi Noem (R),
Pete Olson (R),
Todd Rokita (R),
Adrian Smith (R),
Ann Wagner (R),
Last Action
Referred to the House Committee on Ways and Means. (on 01/03/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.congress.gov/bill/115th-congress/house-bill/4736/all-info |
BillText | https://www.congress.gov/115/bills/hr4736/BILLS-115hr4736ih.pdf |
Bill | https://www.congress.gov/115/bills/hr4736/BILLS-115hr4736ih.pdf.pdf |
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