A bill to amend the Internal Revenue Code of 1986 to eliminate the State opt-in requirement for the qualified elementary and secondary education scholarship credit.
Sponsored By: Senator Cassidy, Bill [R-LA]
Introduced
Summary
Removes the state opt-in requirement for the qualified elementary and secondary education scholarship credit. This bill would amend 26 U.S.C. 25F(c)(5) and related provisions to eliminate the state opt-in mechanism, including striking subsection (g), deleting paragraph (c)(1), updating internal cross references and wording, and adjusting subparagraph punctuation so the federal credit is available without states having to opt in, with an effective date tied to section 70411 of Public Law 119-21.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Federal K–12 scholarship credit nationwide
If enacted, this bill would remove the state opt-in rule for the federal qualified elementary and secondary education scholarship tax credit. You would be able to claim the federal credit when you donate to a K–12 scholarship organization even if your state has not opted in. Parents would see more scholarship funding available for K–12 students. The change would take effect as if included in section 70411 of Public Law 119-21.
Sponsors & CoSponsors
Sponsor
Cassidy, Bill [R-LA]
LA • R
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov