Educational Choice for Children Act

Educational Choice for Children Act

This bill allows individuals and corporations a new tax credit after 2022 for charitable contributions to tax-exempt organizations that provide scholarships to elementary and secondary school students. Such students must be members of a household with incomes not greater 300% of the area median gross income and be eligible to enroll in a public elementary or secondary school.

The bill excludes from the gross income of taxpayer dependents any scholarship amount for the elementary or secondary education expenses of eligible students. It also prohibits governmental control over scholarship granting organizations.

Bill 117 HR 8137, also known as the Educational Choice for Children Act, is a piece of legislation introduced in the US Congress. The main goal of this bill is to provide more options for parents and students when it comes to choosing their educational path.

One of the key provisions of the bill is the creation of Education Savings Accounts (ESAs) for eligible students. These accounts would allow parents to use allocated funds to pay for a variety of educational expenses, such as private school tuition, tutoring, and educational materials. This would give families more flexibility in choosing the best educational options for their children.

Additionally, the bill aims to expand access to charter schools and magnet schools, which are alternative options to traditional public schools. By increasing the availability of these types of schools, the bill seeks to provide more choices for families who may not have access to high-quality education in their local public school system. Overall, the Educational Choice for Children Act is designed to empower parents and students by giving them more control over their education. By expanding options such as ESAs and charter schools, the bill aims to improve educational outcomes and provide a more personalized learning experience for all students.