Bill Sponsor
Senate Bill 4505
116th Congress(2019-2020)
Coronavirus Emergency Education Grants Act
Introduced
Introduced
Introduced in Senate on Aug 6, 2020
Overview
Text
Sponsor
Introduced
Aug 6, 2020
Latest Action
Aug 6, 2020
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
4505
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
Sponsorship by Party
Republican
Texas
Senate Votes (0)
House Votes (0)
No Senate votes have been held for this bill.
Summary

Coronavirus Emergency Education Grants Act

This bill directs the Department of the Treasury to establish a program to make one-time direct payments to parents or guardians to offset the educational expenses of their children during the period of March 2020 to June 2021. It also directs Treasury to award emergency education freedom grants to states.

The bill establishes a new tax credit for contributions to an eligible scholarship-granting organization. An eligible scholarship-granting organization is an tax-exempt organization that provides scholarships to individual elementary and secondary school students who reside in the state in which the organization is recognized or are members of a federally recognized Indian tribe. The organization must allocate at least 90% of contributions to qualifying scholarships on an annual basis and provide such scholarships to eligible students and families.

Text (1)
August 6, 2020
Actions (2)
08/06/2020
Read twice and referred to the Committee on Finance.
08/06/2020
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:45:17 PM