S. 311 · Where this bill is now
In committee
Introduced in the Senate, Jan 29, 2025
119th Congress
1st SessionS. 311
1st SessionS. 311
A BILL
ACE Act
In the SenateNo vote yet
Sponsor: Sen. Mike Lee (R-UT) · Introduced Jan 29, 2025 · Taxation · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Jan 29, 2025: “Read twice and referred to the Committee on Finance.”
Sections
Sections · 5
- Sec. 1Short titleNo change
- Sec. 2529 account funding for homeschool and additional elementary and secondary expensesNo change
- Sec. 3Increase in limitation on distributions from 529 plans for elementary and secondary school expensesNo change
- Sec. 4Gift tax exclusionsNo change
- Sec. 5Tax-exempt bonds restricted to States that implement school choice lawsNo change