3.0.0 56 2024-07-24T15:24:03Z 2024-07-24T15:24:03Z Senate S S 2023-01-24 118 ssfi00 Finance Committee Senate Standing Referred to 2023-01-24T22:14:27Z 2023-01-24 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2023-01-24 Introduced in Senate IntroReferral 10000 9 Library of Congress C001098 Sen. Cruz, Ted [R-TX] Ted Cruz R TX N B001243 Sen. Blackburn, Marsha [R-TN] Marsha Blackburn R TN 2023-01-24 True C001096 Sen. Cramer, Kevin [R-ND] Kevin Cramer R ND 2023-01-24 True L000575 Sen. Lankford, James [R-OK] James Lankford R OK 2023-01-24 True S001217 Sen. Scott, Rick [R-FL] Rick Scott R FL 2023-01-24 True S001227 Sen. Schmitt, Eric [R-MO] Eric Schmitt R MO S. 2023-02-13 False Taxation Charitable contributions 2023-03-15T14:30:20Z Elementary and secondary education 2023-03-15T14:30:20Z Employment and training programs 2023-03-15T14:30:20Z Government information and archives 2023-03-15T14:30:20Z Higher education 2023-03-15T14:30:20Z Income tax credits 2023-03-15T14:30:20Z Social work, volunteer service, charitable organizations 2023-03-15T14:30:20Z Student aid and college costs 2023-03-15T14:30:20Z Vocational and technical education 2023-03-15T14:30:20Z Taxation 2023-02-06T17:00:26Z 00 2023-01-24 Introduced in Senate 2023-02-07T18:04:08Z 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.

]]> Education Freedom Scholarships and Opportunity Act Display Title 45 Education Freedom Scholarships and Opportunity Act 2024-07-24T15:24:03Z Short Title(s) as Introduced 101 Education Freedom Scholarships and Opportunity Act 2024-05-24T13:42:55Z Introduced in Senate IS Official Title as Introduced 6 A bill to amend the Internal Revenue Code of 1986 to establish tax credits to encourage individual and corporate taxpayers to contribute to scholarships for students through eligible scholarship-granting organizations and eligible workforce training organizations, and for other purposes. 2023-02-03T03:58:51Z Introduced in Senate IS Introduced in Senate 2023-01-24T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118s56is/xml/BILLS-118s56is.xml 2023-01-24 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.