H.R. 8915 aims to change the Internal Revenue Code so that more school-related expenses can be paid for with 529 accounts, which are savings plans for education. This bill proposes that costs related to elementary and secondary school education, as well as certain expenses...
This bill wants to let people use special savings accounts called 529 accounts to pay for more types of school costs, like some extra school activities and job training classes.
H. R. 6795, known as the “Achieving Choice in Education Act” or “ACE Act,” aims to amend tax laws to support education. It proposes allowing more flexible use of 529 savings plans for homeschooling and various elementary and secondary school expenses, raising the withdrawal...
The ACE Act is like giving families a bigger piggy bank that they can use to pay for more types of school stuff, like books or homeschooling, and it lets them put more money into it without worrying about some taxes, but some people think this helps rich families more.
Showing 1 to 2 of 2 results