Bill Sponsor
Senate Bill 43
117th Congress(2021-2022)
Education Freedom Scholarships and Opportunity Act
Introduced
Introduced
Introduced in Senate on Jan 26, 2021
Overview
Text
Sponsor
Introduced
Jan 26, 2021
Latest Action
Jan 26, 2021
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
43
Congress
117
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
Sponsorship by Party
Republican
Texas
Republican
Indiana
Republican
Louisiana
Republican
Nebraska
Republican
North Dakota
Republican
Pennsylvania
Republican
South Carolina
Senate Votes (0)
House Votes (0)
No Senate votes have been held for this bill.
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.

Text (1)
January 26, 2021
Actions (2)
01/26/2021
Read twice and referred to the Committee on Finance.
01/26/2021
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:47:29 PM