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Search Results: keywords:"education savings accounts"

  • H. R. 1818, titled the “Aviation Workforce Development Act,” aims to change the Internal Revenue Code of 1986 so that certain aviation courses can qualify for tax-free savings. It allows money saved in qualified tuition programs, like 529 plans, to be used for expenses...

    Simple Explanation

    H. R. 1818 wants to let people use special savings set aside for college, like 529 plans, to pay for learning how to fix airplanes or become a pilot. This change will only happen once the bill is officially made into law.

  • The bill, H.R. 8723, also called the "Head Start Improvement Act," aims to amend the Head Start Act to authorize block grants for prekindergarten education programs across the United States. It intends to improve school readiness among low-income children by enhancing their cognitive, social,...

    Simple Explanation

    H.R. 8723 is like giving states and tribes a big piggy bank full of money to help make preschool better for kids who don’t have a lot of money, focusing on helping them learn and play. But there are some tricky rules about how this money can be spent, and there needs to be a careful eye to make sure it helps the kids the most.

  • The bill, S. 5458, seeks to ensure that federal funding for education can follow students irrespective of whether they attend public, private, or home schools. It amends existing education laws to allow state educational agencies to allocate grants that follow students and can be used for...

    Simple Explanation

    The bill wants to let money given by the government for school follow kids wherever they go to learn, like at regular schools, private schools, or even at home, so that all kids can have the same help. It makes sure that kids can use this money for different school things, but it won't change their school lunches or how private schools do things.

  • The bill, H.R. 84, known as the "Native American Education Opportunity Act," aims to broaden educational opportunities for Native American children by creating a program that funds $8,000 per year into education savings accounts for eligible students. These funds can be used...

    Simple Explanation

    The Native American Education Opportunity Act is a plan to give $8,000 each year to Native American kids to help pay for things like school, books, or computers, so they can have more choices in their learning. But they have to be careful, as some people worry that the money might not always be spent wisely.

  • The bill, H.R. 7517, proposes amendments to the Internal Revenue Code of 1986 to rename and enhance Coverdell Education Savings Accounts into Coverdell Lifelong Learning Accounts. It aims to expand the use of these accounts by including new expenses that qualify for...

    Simple Explanation

    The bill wants to change how people can save money for learning new things their whole life, not just when they're young. It lets people use special accounts for more types of learning, like getting new skills, and encourages bosses to help save money for their workers’ education, but some rules could make it harder for people who need these savings the most.

  • The "Support Children Having Open Opportunities for Learning Act of 2025," or "SCHOOL Act of 2025" (H.R. 2275), aims to allow federal funds for K-12 education to follow students to their chosen educational settings, whether public, private, or home school. By amending existing education laws,...

    Simple Explanation

    The SCHOOL Act of 2025 lets money from the government follow kids to whatever school they choose, like public, private, or homeschooling, helping pay for things they need for school. It makes sure no one tells private schools what to do and keeps lunch programs in place.

  • S. 4550, titled the "Head Start Improvement Act," aims to change the Head Start Act to allow block grants to be given to states for prekindergarten education. The bill defines key terms and outlines the framework for how these grants should be allocated and used, prioritizing...

    Simple Explanation

    The "Head Start Improvement Act" wants to change the way preschool programs are funded by giving money to states in big chunks, to help kids from families with less money go to preschool. It also has rules to make sure the money is used fairly and checks if the programs are working well.