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 HB5EFD55A4F6D47E7BA0ED29D96665D5E: 1. Short title This Act may be cited as the Achieving Choice in Education Act or the ACE Act.
- Section H3B144CB9CFCD45AA9FD233AFA387C3D9: 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 H13DE74902A384870BCA84F73B4776BBA: 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 H5B7ADB13B17C4F85A4D850A4C662667E: 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: The dollar amount in...
- Section H3A951A5C12284FCEBA7A4D072E518871: 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, Mr. Harris of Maryland, Mr. Mann, …
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