Bills · S 152
IN COMMITTEE· 119TH CONGRESS
Senate BillS 152Taxation
Student Empowerment Act
INTRO JAN 20· LAST ACTION JAN 20
READING
2MIN
COSPONSORS
8
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed Senate
Passed House
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it offers greater financial flexibility and potential tax savings for families covering K-12 education costs. If it becomes law, it could make private school tuition, specialized educational programs, or homeschooling more financially accessible for some families, as they could leverage the tax benefits of 529 accounts for these expenses. Currently, these accounts are primarily for post-secondary education, so expanding their use shifts how families might plan and pay for education earlier in a child's life. If it doesn't pass, families will continue to rely on other methods for K-12 expenses, which may not offer the same tax advantages, potentially limiting their educational choices.
KEY PROVISIONS
5AI-extractedPROVISION 01
Allows 529 account funds to be used for tuition and other qualified expenses for K-12 public, private, or religious schools.
Significantly expands the eligible uses of tax-advantaged 529 savings accounts beyond higher education.
PROVISION 02
Includes specific K-12 educational expenses such as curriculum, books, online materials, and fees for standardized tests and dual enrollment.
Provides clear guidelines on what specific non-tuition K-12 costs qualify for 529 funding.
PROVISION 03
Permits the use of 529 funds for educational therapies for students with disabilities, provided by licensed practitioners.
Offers financial support for specialized educational needs, which can be a significant cost for families.
PROVISION 04
Extends eligibility to cover expenses for homeschooling, including curriculum materials and qualified tutoring services.
Acknowledges and supports homeschooling as a valid educational choice by providing a tax-advantaged savings mechanism.
PROVISION 05
Defines conditions for qualified tutoring services, requiring the tutor to be unrelated to the student and meet certain professional criteria (licensed, experienced, or subject matter expert).
Ensures that tutoring paid for with 529 funds meets a professional standard.
SPONSORSHIP
1 + 8
R· Texas
YRS IN OFFICE
13
BILLS LED
131
COSPONSOR BREAKDOWNBIPARTISAN · 0%
DEM 0 REP 8 IND 0
ACTION TIMELINE
2 EVENTSJAN 20
Introduced in Senate
JAN 20
Read twice and referred to the Committee on Finance.
BILL INFO
TypeSenate Bill
NumberS 152
Congress119th
StatusIn Committee
IntroducedJan 20, 2025
Last actionJan 20, 2025
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IN COMMITTEE· 119TH CONGRESS · FINANCE COMMITTEE · INTRODUCED JAN 20, 2025
Senate BillS 152Taxation
Student Empowerment Act
INTRODUCED JAN 20, 2025· LAST ACTION JAN 20, 2025
PASSAGE CHANCES
—%
READING
2 min
COSPONSORS
8
COMPLEXITY
Moderate
