Legis Daily

Education Freedom Scholarships and Opportunity Act

USA116th CongressS-634| Senate 
| Updated: 2/28/2019
Ted Cruz

Ted Cruz

Republican Senator

Texas

Cosponsors (16)
Joni Ernst (Republican)Rick Scott (Republican)Bill Cassidy (Republican)Marsha Blackburn (Republican)Lamar Alexander (Republican)Todd Young (Republican)Tom Cotton (Republican)James M. Inhofe (Republican)John Boozman (Republican)Kelly Loeffler (Republican)Tim Scott (Republican)Ben Sasse (Republican)Kevin Cramer (Republican)James Lankford (Republican)Patrick Toomey (Republican)Richard Burr (Republican)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Education Freedom Scholarships and Opportunity Act This bill allows individual and corporate taxpayers a tax credit for cash contributions to certain scholarship-granting and workforce training organizations. It imposes a cap of $10 billion on the sum of contributions that qualify for a tax credit under this bill. The bill requires the Department of Education, in coordination with the Departments of the Treasury and Labor, to establish, host, and maintain a web portal that (1) lists all eligible scholarship-granting and workforce training 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 educational organizations, including information on student eligibility and allowable educational expenses.
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Timeline
Feb 28, 2019

Latest Companion Bill Action

HR 116-1434
Introduced in House
Feb 28, 2019
Introduced in Senate
Feb 28, 2019
Read twice and referred to the Committee on Finance.
  • February 28, 2019

    Latest Companion Bill Action

    HR 116-1434
    Introduced in House


  • February 28, 2019
    Introduced in Senate


  • February 28, 2019
    Read twice and referred to the Committee on Finance.

Taxation

Related Bills

  • HR 116-1434: Education Freedom Scholarships and Opportunity Act
Charitable contributionsElementary and secondary educationEmployment and training programsGovernment information and archivesHigher educationIncome tax creditsSocial work, volunteer service, charitable organizationsStudent aid and college costsVocational and technical education

Education Freedom Scholarships and Opportunity Act

USA116th CongressS-634| Senate 
| Updated: 2/28/2019
Education Freedom Scholarships and Opportunity Act This bill allows individual and corporate taxpayers a tax credit for cash contributions to certain scholarship-granting and workforce training organizations. It imposes a cap of $10 billion on the sum of contributions that qualify for a tax credit under this bill. The bill requires the Department of Education, in coordination with the Departments of the Treasury and Labor, to establish, host, and maintain a web portal that (1) lists all eligible scholarship-granting and workforce training 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 educational organizations, including information on student eligibility and allowable educational expenses.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Feb 28, 2019

Latest Companion Bill Action

HR 116-1434
Introduced in House
Feb 28, 2019
Introduced in Senate
Feb 28, 2019
Read twice and referred to the Committee on Finance.
  • February 28, 2019

    Latest Companion Bill Action

    HR 116-1434
    Introduced in House


  • February 28, 2019
    Introduced in Senate


  • February 28, 2019
    Read twice and referred to the Committee on Finance.
Ted Cruz

Ted Cruz

Republican Senator

Texas

Cosponsors (16)
Joni Ernst (Republican)Rick Scott (Republican)Bill Cassidy (Republican)Marsha Blackburn (Republican)Lamar Alexander (Republican)Todd Young (Republican)Tom Cotton (Republican)James M. Inhofe (Republican)John Boozman (Republican)Kelly Loeffler (Republican)Tim Scott (Republican)Ben Sasse (Republican)Kevin Cramer (Republican)James Lankford (Republican)Patrick Toomey (Republican)Richard Burr (Republican)

Finance Committee

Taxation

Related Bills

  • HR 116-1434: Education Freedom Scholarships and Opportunity Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Charitable contributionsElementary and secondary educationEmployment and training programsGovernment information and archivesHigher educationIncome tax creditsSocial work, volunteer service, charitable organizationsStudent aid and college costsVocational and technical education