US SB3949 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Republican 4-0)
Status: Introduced on June 11 2020 - 25% progression, died in committee
Action: 2020-06-11 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2936)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 11 2020 - 25% progression, died in committee
Action: 2020-06-11 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2936)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Expands the types of educational expenses that may be paid from a qualified tuition program (commonly known as a 529 plan) for students enrolled at or attending an elementary or secondary public, private, or religious school. It also permits payments of certain education expenses for home schooling during the COVID-19 (i.e., coronavirus disease 2019) emergency period beginning on March 13, 2020, and ending on the date the emergency period has ended. The bill also permits penalty free distributions from tax-preferred retirement plans for the period after February 29, 2020, and before January 1, 2021, if contributed to a 529 plan.
Title
Helping Parents Educate Children During the Coronavirus Pandemic
Sponsors
Sen. Ted Cruz [R-TX] | Sen. Mike Lee [R-UT] | Sen. Tim Scott [R-SC] | Sen. Rick Scott [R-FL] |
History
Date | Chamber | Action |
---|---|---|
2020-06-11 | Senate | Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2936) |
Subjects
Academic performance and assessments
Bank accounts, deposits, capital
Books and print media
Cardiovascular and respiratory health
Elementary and secondary education
Emergency medical services and trauma care
Employee benefits and pensions
Higher education
Income tax deferral
Income tax exclusion
Infectious and parasitic diseases
Special education
Student aid and college costs
Taxation
Teaching, teachers, curricula
Bank accounts, deposits, capital
Books and print media
Cardiovascular and respiratory health
Elementary and secondary education
Emergency medical services and trauma care
Employee benefits and pensions
Higher education
Income tax deferral
Income tax exclusion
Infectious and parasitic diseases
Special education
Student aid and college costs
Taxation
Teaching, teachers, curricula
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/3949/all-info |
Text | https://www.congress.gov/116/bills/s3949/BILLS-116s3949is.pdf |