Student Empowerment Act
- Bill Number
- S. 152
- Origin Chamber
- Senate
- Congress
- 119th Congress, Session 1
- Policy Area
- Taxation
- Status
- Introduced
- Latest Action
- 2025-01-20: Read twice and referred to the Committee on Finance.
- Last Updated
- 2025-12-05T21:31:30Z
Official Summary
Student Empowerment Act
This bill expands the education-related expenses that may be paid for with tax-free distributions from a qualified tuition program (also known as a 529 plan) to include certain expenses related to elementary, secondary, and homeschool education.
Under current law, distributions from a 529 plan are excluded from gross income if they are used to pay for qualified higher education expenses, which includes up to $10,000 (per year and per beneficiary) for tuition at an elementary or secondary public, private, or religious school.
The bill expands the education-related expenses that may be paid for with tax-free distributions from a 529 plan to include tuition related to homeschooling and the following expenses related to elementary, secondary, and homeschool education:
- curriculum and curricular materials,
- books or other instructional materials,
- online educational materials,
- tutoring or educational classes outside the home,
- testing fees,
- fees for dual enrollment in an institution of higher education, and
- educational therapies for students with disabilities.
Sponsor
Cosponsors (8)
Sen. Lankford, James [R-OK], Sen. Scott, Tim [R-SC], Sen. Sheehy, Tim [R-MT], Sen. Curtis, John R. [R-UT], Sen. Johnson, Ron [R-WI], Sen. Rounds, Mike [R-SD], Sen. Schmitt, Eric [R-MO], Sen. Scott, Rick [R-FL]
Recent Actions
- 2025-01-20: Read twice and referred to the Committee on Finance.
- 2025-01-20: Introduced in Senate
Bill Versions
- Student Empowerment Act — issued 2025-01-20 — PDF (3 pages)