116th CONGRESS 1st Session |
To amend the Internal Revenue Code of 1986 to allow section 529 education accounts to be used for homeschooling expenses.
January 3, 2019
Mr. Banks introduced the following bill; which was referred to the Committee on Ways and Means
To amend the Internal Revenue Code of 1986 to allow section 529 education accounts to be used for homeschooling expenses.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “Enhancing Educational Opportunities for Home School Students Act”.
SEC. 2. Treatment of distributions from section 529 education accounts for homeschooling expenses.
(a) In general.—Section 529(c)(7) of the Internal Revenue Code of 1986 is amended by striking “include a reference to” and all that follows and inserting“include a reference to—
“(A) expenses for tuition in connection with enrollment or attendance at an elementary or secondary public, private, or religious school, and
“(i) curriculum and curricular materials,
“(ii) books or other instructional materials,
“(iii) online educational materials,
“(iv) tuition for tutoring or educational classes outside of the home (but only if the tutor or instructor is not related (within the meaning of section 152(d)(2)) to the student),
“(v) dual enrollment in an institution of higher education, and
“(vi) educational therapies for students with disabilities,
in connection with a homeschool (whether treated as a homeschool or a private school for purposes of applicable State law).”.
(b) Effective date.—The amendment made by this section shall apply to distributions made after the date of the enactment of this Act.