Student Empowerment Act has not moved since its introduction on Jan 20, 2025, with cosponsors, all Republicans
Written by the Congressional Research Service [2]. 158 words.
Student Empowerment Act This bill expands the education-related expenses that may be paid for with tax-free distributions from a qualified tuition program (also known as a 529 plan) to include certain expenses related to elementary, secondary, and homeschool education. Under current law, distributions from a 529 plan are excluded from gross income if they are used to pay for qualified higher education expenses, which includes up to $10,000 (per year and per beneficiary) for tuition at an elementary or secondary public, private, or religious school. The bill expands the education-related expenses that may be paid for with tax-free distributions from a 529 plan to include tuition related to homeschooling and the following expenses related to elementary, secondary, and homeschool education: curriculum and curricular materials, books or other instructional materials, online educational materials, tutoring or educational classes outside the home, testing fees, fees for dual enrollment in an institution of higher education, and educational therapies for students with disabilities.
- Committees
- Senate Finance Committee
- Policy area
- Taxation: 20 of 6,214 bills became law, 113th–118th (0.3%)
- Sponsor
- 10 of 544 bills enacted since 2013
- Text versions
- 1: introduced in senate · 283 words
- Latest action
- Jan 20, 2025: Read twice and referred to the Committee on Finance.
- Records
- Congress.gov · Bill text
Each bill appears once, under its strongest link. 5 in all.
Identical or companion · 1
- 119th H.R. 939 Student Empowerment Act R · Introduced
Related, per CRS or House · 4
- 119th H.R. 1 An act to provide for reconciliation pursuant to title II of H. Con. Res. 14. R · Law
- 119th H.R. 137 TCJA Permanency Act R · Introduced
- 119th H.R. 750 ACE Act R · Introduced
- 119th S. 311 ACE Act R · Introduced