To have education funds follow the student.
Summary
What This Bill Does
The bill creates federal funding under the Elementary and Secondary Education Act of 1965 to follow the student Title VIII of the Elementary and Secondary Education Act of 1965 (20 U.S.C, creates funds to follow the student, and requires 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 read as follows: (7)Treatment of elementary and secondary. It relies on definition changes, compliance mandates, grants, and tax rate changes. The main policy areas are Education, Housing, and Environment.
Who Benefits and How
Public beneficiaries or protected communities affected by the clause could face reduced risk, Homeowners, tenants, or housing market participants affected by the bill could gain revenue opportunities, and Educational institutions and students affected by the bill could gain revenue opportunities.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Educational institutions and students affected by the bill would take on compliance duties, and Homeowners, tenants, or housing market participants affected by the bill would take on compliance duties.
Key Provisions
- Creates federal funding under the Elementary and Secondary Education Act of 1965 to follow the student Title VIII of the Elementary and Secondary Education Act of 1965 (20 U.S.C.
- Creates funds to follow the student.
- Requires 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 read as follows: (7)Treatment of elementary and secondary...
- Creates increased additional tax on grants not used for educational purposes Section 529(c)(6) of the Internal Revenue Code of 1986 is amended— by striking The tax and inserting the following: (A)In generalExcept...
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
The bill creates federal funding under the Elementary and Secondary Education Act of 1965 to follow the student Title VIII of the Elementary and Secondary Education Act of 1965 (20 U.S.C, creates funds to follow the student, and requires 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 read as follows: (7)Treatment of elementary and secondary.
Key Policy Areas
Education, Housing, Environment
Primary Purpose
The bill creates federal funding under the Elementary and Secondary Education Act of 1965 to follow the student Title VIII of the Elementary and Secondary Education Act of 1965 (20 U.S.C, creates funds to follow the student, and requires 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 read as follows: (7)Treatment of elementary and secondary.
Policy Domains
Whole bill
Identified Gains
- Public beneficiaries or protected communities affected by the clause
- Homeowners, tenants, or housing market participants affected by the bill
- Educational institutions and students affected by the bill
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Educational institutions and students affected by the bill
- Homeowners, tenants, or housing market participants affected by the bill
- Environmental and public health interests affected by the bill
Sponsors
Legislative Progress
IntroducedMr. Lee (for himself, Mr. Tuberville, Mr. Budd, Mr. Scott …
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?
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