3.0.0 4726 2023-03-08T20:12:35Z 2023-03-08T20:12:35Z Senate S 2022-08-02 117 ssfi00 Finance Committee Senate Standing Referred to 2022-08-02T20:39:13Z Student Empowerment Act 117 605 HR 2021-01-28 Referred to the House Committee on Ways and Means. Related bill CRS Student Empowerment Act 117 44 S 2021-01-26 Read twice and referred to the Committee on Finance. Related bill CRS 2022-08-02 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2022-08-02 Introduced in Senate IntroReferral 10000 9 Library of Congress C001098 Sen. Cruz, Ted [R-TX] Ted Cruz R TX N Taxation Taxation 00 2022-08-02 Introduced in Senate 2023-01-12T15:12:27Z Catch Up Our Kids Act of 2022

This bill provides tax benefits to compensate for learning losses due to school closures during the COVID-19 pandemic. The bill

  • creates a new three-year learning loss tax credit of $1,200 per child that will allow parents or legal guardians to recoup actual expenses incurred for education-related activities,
  • extends the employer allowance for certain tuition and education-related expenses to include educational expenses for children of employees,
  • expands education savings accounts (ESAs) to include homeschool expenses for a three-year period,
  • doubles the annual contribution limit for Coverdell ESAs from $2,000 to $4,000 for a three-year period,
  • Exempts contributions to an ESA and a Coverdell ESA from the annual gift tax exclusion amount, and
  • allows states to use unspent Elementary and Secondary School Emergency Relief (ESSER) funds to fund scholarship granting organizations.
]]> Catch Up Our Kids Act of 2022 Display Title Catch Up Our Kids Act of 2022 Short Title(s) as Introduced Catch Up Our Kids Act of 2022 Introduced in Senate IS Official Title as Introduced A bill to alleviate pandemic learning loss. Introduced in Senate IS Introduced in Senate 2022-08-02T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s4726is/xml/BILLS-117s4726is.xml 2022-08-02 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.