To amend the Internal Revenue Code of 1986 to provide incentives for education.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to provide incentives for education., changes federal law or congressional policy affecting schools, students, and education providers. The main policy domain is Education, Finance, Immigration.
Who Benefits and How
schools, students, and education providers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, schools, students, and education providers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H3C03B2FE8A0A4796B5AFA62358834679: 1. Short title This Act may be cited as the Achieving Choice in Education Act or the ACE Act.
- Section HD0AEE96B294A464C8C189C898098E8A7: 2. 529 account funding for homeschool and additional elementary and secondary expenses Section 529(c)(7) of the Internal Revenue Code of 1986 is amended to...
- Section HD14D9AD1DE9642CDA5C085E396D71BAA: 3. Increase in limitation on distributions from 529 plans for elementary and secondary school expenses Section 529(e)(3)(A) of the Internal Revenue Code of...
- Section HD6926EB4BDE84948B76CD6D0807AD273: 4. Gift tax exclusions Section 2503(b) of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph: (3)Exclusion for...
- Section H5979377C59F047B8B4A86CCC90328BD2: 5. Tax-exempt bonds restricted to States that implement school choice laws Section 103 of the Internal Revenue Code of 1986 is amended by adding at the end the...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to provide incentives for education., changes federal law or congressional policy affecting schools, students, and education providers.
Key Policy Areas
Education, Finance, Immigration
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to provide incentives for education., changes federal law or congressional policy affecting schools, students, and education providers.
Policy Domains
Whole bill
Identified Gains
- schools, students, and education providers
Identified Costs
- federal implementing agencies
- schools, students, and education providers
Sponsors
Legislative Progress
IntroducedMr. Burlison (for himself and Mr. Carter of Texas) introduced …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_secretary"
- → The Secretary identified in the operative section
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology