S 43 United States Senate · 117th Congress

Education Freedom Scholarships and Opportunity Act

Summary
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.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2021
Committee Review
Floor Vote
President
Introduced Jan 26, 2021 Last action Jan 26, 2021
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Jan 26, 2021
Committee
Read twice and referred to the Committee on Finance.
upper
Jan 26, 2021
Introduced
Introduced in Senate
upper
1 primary · 9 co-sponsors

Sponsors