H.R. 452 · 118th Congress · House

Education Savings Accounts for Military Families Act of 2023

Active· Referred to the Committee on Education and the Workforce, and in addition to the Committees on Ways and Means, and Appropriations, for a per…
Introduced
Jan 24, 23
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Education Savings Accounts for Military Families Act of 2023

This bill directs the Department of Education (ED) to establish a program to provide children with parents on active duty in the uniformed services with funds to pay educational expenses.

Specifically, ED must establish a tax-exempt Military Education Savings Account for dependent children of parents in the uniformed services for the payment of the children's educational expenses. Funds in the savings account may be used for specified purposes, including the cost of attendance at a private elementary or secondary school or institution of higher education, private tutoring, or costs associated with an apprenticeship or other vocational training program.

Action Timeline

5
  1. JAN 24, 2023IntroReferral

    Introduced in House

  2. JAN 24, 2023IntroReferral

    Introduced in House

  3. JAN 24, 2023IntroReferral

    Referred to the Committee on Education and the Workforce, and in addition to the Committees on Ways and Means, and Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  4. JAN 24, 2023IntroReferral

    Referred to the Committee on Education and the Workforce, and in addition to the Committees on Ways and Means, and Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  5. JAN 24, 2023IntroReferral

    Referred to the Committee on Education and the Workforce, and in addition to the Committees on Ways and Means, and Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Committees

3

Appropriations Committee

hsap00

Referred: Jan 24, 2023

Active

Ways and Means Committee

hswm00

Referred: Jan 24, 2023

Active

Education and Workforce Committee

hsed00

Referred: Jan 24, 2023

Active