[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[S. 101 Introduced in Senate (IS)]







111th CONGRESS
  1st Session
                                 S. 101

 To amend the Internal Revenue Code of 1986 to allow expenses relating 
to all home schools to be qualified education expenses for purposes of 
                 a Coverdell education savings account.


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                   IN THE SENATE OF THE UNITED STATES

                            January 6, 2009

  Mr. Vitter introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to allow expenses relating 
to all home schools to be qualified education expenses for purposes of 
                 a Coverdell education savings account.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. ALLOWANCE OF HOME SCHOOL EXPENSES AS QUALIFIED EDUCATION 
              EXPENSES FOR PURPOSES OF A COVERDELL EDUCATION SAVINGS 
              ACCOUNT.

    (a) In General.--Paragraph (3) of section 530(b) of the Internal 
Revenue Code of 1986 (relating to qualified elementary and secondary 
education expenses) is amended by adding at the end the following new 
subparagraph:
                    ``(C) Private school.--For purposes of this 
                section, the term `private school' includes any home 
                school that meets the requirements of State law 
                applicable to such home schools, whether or not such 
                school is deemed a private school for purposes of State 
                law.''.
    (b) Effective Date.--The amendment made by this section shall apply 
to taxable years beginning after December 31, 2008.
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