Education Freedom Scholarships and Opportunity Act
- Last Action
- 2/28/2019
Actions
- 2019-02-28Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, 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.
- 2019-02-28Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, 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.
- 2019-02-28Introduced in House
- 2019-02-28Introduced in House
CRS Summary
As of 2019-02-28 (00)
Education Freedom Scholarships and Opportunity Act
This bill allows individual and corporate taxpayers a tax credit for cash contributions to tax-exempt scholarship-granting organizations for elementary and secondary education expenses. It imposes a cap of $5 billion on the amount of contributions that qualify for a tax credit.
The bill directs the Department of Education, in coordination with the Department of the Treasury, to establish, host, and maintain a web portal that (1) lists all eligible scholarship-granting organizations; (2) enables contributions to such organizations; (3) provides information about the benefits of this bill; and (4) enables a state to submit and update information about its programs and scholarship-granting organizations, including information on student eligibility and allowable educational expenses.
Cosponsors (20)
- Ron Wright (R-TX)
- Doug LaMalfa (R-CA)
- Virginia Foxx (R-NC)
- Francis Rooney (R-FL)
- Debbie Lesko (R-AZ)
- Jim Banks (R-IN)
- Matt Gaetz (R-FL)
- Paul Mitchell (R-MI)
- Jackie Walorski (R-IN)
- Rick Allen (R-GA)
- Bill Posey (R-FL)
- Ted Budd (R-NC)
- Steve Stivers (R-OH)
- Paul Gosar (R-AZ)
- Rob Bishop (R-UT)
- Alexander Mooney (R-WV)
- Mark Meadows (R-NC)
- Jim Hagedorn (R-MN)
- Greg Gianforte (R-MT)
- Bill Huizenga (R-MI)
Subjects
- Charitable contributions
- Elementary and secondary education
- Government information and archives
- Income tax credits
- Social work, volunteer service, charitable organizations
- Student aid and college costs
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.