Student Empowerment Act
Latest action · Jun 21, 2018 Read twice and referred to the Committee on Finance.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJun 21, 2018
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Student Empowerment Act
This bill amends the Internal Revenue Code to allow tax-exempt distributions from qualified tuition programs (known as 529 plans) to be used for additional educational expenses in connection with enrollment or attendance at an elementary or secondary school.
(Under current law, distributions in connection with an elementary or secondary school are limited to tuition for a public, private, or religious school.) The bill allows the distributions to be used for additional educational expenses, including:
- 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.
Distributions may also be used for the purposes above in connection with a homeschool (whether treated as a homeschool or a private school under state law).
Cosponsors 8
Members who signed on, in the order they did. All signed on Jun 21, 2018.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-NE | Ben Sasse | Original | Jun 21, 2018 |
| R-OK | James Lankford | Original | Jun 21, 2018 |
| R-UT | Mike Lee | Original | Jun 21, 2018 |
| R-PA | Patrick J. Toomey | Original | Jun 21, 2018 |
| R-KY | Rand Paul | Original | Jun 21, 2018 |
| R-WI | Ron Johnson | Original | Jun 21, 2018 |
| R-MO | Roy Blunt | Original | Jun 21, 2018 |
| R-AR | Tom Cotton | Original | Jun 21, 2018 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Finance Committee | Referred Jun 21, 2018 |
Actions 2
Everything that happened, newest first.
- Jun 21, 2018Introduced in Senate
- Jun 21, 2018Read twice and referred to the Committee on Finance.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 6674 | Student Empowerment Act | Identical bill | Aug 17, 2018 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- 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.
- Short Titles as Introduced
- Student Empowerment Act
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Jun 21, 2018Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
