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US SB1244
Bill
AI Summary
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Creates Military Education Savings Accounts providing $6,000 per year (adjusted annually for inflation) to children of active-duty uniformed service members for private school tuition, homeschool curricula, tutoring, online learning, educational therapies, vocational training, and college savings contributions
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Eligible children must have a parent on active duty and have been enrolled in public school for at least 100 consecutive days in the prior year; accounts terminate when the child turns 22, enrolls full-time in public school, or completes postsecondary education
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Authorizes $1.2 billion for fiscal year 2026, with priority given to renewing existing accounts first, then siblings of current participants, children of enlisted members, warrant officers, and commissioned officers in that order
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Account funds are tax-exempt under the Internal Revenue Code, and participating children are considered to meet state compulsory attendance requirements
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Prohibits federal supervision or control over private, religious, or home education providers receiving payments, and providers cannot be required to alter their creed, admissions policies, or curriculum to participate
Legislative Description
Education Savings Accounts for Military Families Act of 2025
Education
Last Action
Read twice and referred to the Committee on Finance.
4/1/2025