US Congress Senate Bill 4505 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on August 6 2020 - 25% progression, died in committee
Action: 2020-08-06 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Directs the Department of the Treasury to establish a program to make one-time direct payments to parents or guardians to offset the educational expenses of their children during the period of March 2020 to June 2021. It also directs Treasury to award emergency education freedom grants to states. The bill establishes a new tax credit for contributions to an eligible scholarship-granting organization. An eligible scholarship-granting organization is an tax-exempt organization that provides scholarships to individual elementary and secondary school students who reside in the state in which the organization is recognized or are members of a federally recognized Indian tribe. The organization must allocate at least 90% of contributions to qualifying scholarships on an annual basis and provide such scholarships to eligible students and families.

Coronavirus Emergency Education Grants Act

Sen. Ted Cruz [R-TX]

Date	Chamber	Action
2020-08-06	Senate	Read twice and referred to the Committee on Finance.

SB4284 (Related) 2020-07-22 - Read twice and referred to the Committee on Finance.
HB1434 (Related) 2019-02-28 - Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
SB4537 (Related) 2020-09-08 - Read twice and referred to the Committee on Finance.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/senate-bill/4505/all-info
Text	https://www.congress.gov/116/bills/s4505/BILLS-116s4505is.pdf