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HR 750 · in committee · major

ACE Act

What this bill does

  • The bill expands 529 education savings plans to cover K-12 homeschool expenses like curriculum, books, tutoring, and testing fees.
  • Families saving for private or homeschool education are affected, along with states that issue tax-exempt bonds.
  • The bill increases tax-free 529 withdrawals for K-12 from $10,000 to $20,000 annually and requires states to meet school choice standards.

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Community Threads

Started by Cosponsor

  1. 01

    How might expanding 529 plans to cover homeschool expenses affect families who cannot afford private education or lack access to homeschooling resources?

  2. 02

    What trade-offs exist between increasing tax-free 529 withdrawals and the tax revenue states would lose through these expanded exemptions?

  3. 03

    How would states that currently lack school choice infrastructure respond to the requirement to meet school choice standards under this bill?

Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · R-MO-7

Eric Burlison

Citizen cosponsors

0

In Congress

5/ 435

House Reps cosponsoring

Introduced 2025-01-28

Joining the bill

Legislative timeline

  1. 2025-01-28 · house · IntroReferral

    Referred to the House Committee on Ways and Means.

  2. 2025-01-28 · IntroReferral

    Introduced in House

  3. 2025-01-28 · IntroReferral

    Introduced in House

Congress.gov ↗

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