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Tax Credits for Education and Workforce Training Scholarships

This act introduces new tax credits for individuals and corporations who contribute to scholarships for elementary and secondary students, as well as for workforce training. This allows citizens to receive a tax reduction while helping to fund education and professional development for others. The goal is to increase access to various forms of education and training.
Key points
Individuals can receive a tax credit for contributions to scholarships for elementary and secondary education.
Individuals and corporations can receive a tax credit for contributions to scholarships for vocational education, workforce development, and apprenticeship training.
Scholarships received will not be considered taxable income for students or their parents, nor will they affect eligibility for other federal programs.
A web portal will be established to facilitate contributions and pre-approval for tax credits.
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Expired
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Additional Information
Print number: 117_S_43
Sponsor: Sen. Cruz, Ted [R-TX]
Process start date: 2021-01-26
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Education Freedom Scholarships and Opportunity Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_43.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-01-26.

What are the main provisions?

Key points include:

  • Individuals can receive a tax credit for contributions to scholarships for elementary and secondary education.
  • Individuals and corporations can receive a tax credit for contributions to scholarships for vocational education, workforce development, and apprenticeship training.
  • Scholarships received will not be considered taxable income for students or their parents, nor will they affect eligibility for other federal programs.
  • A web portal will be established to facilitate contributions and pre-approval for tax credits.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Cruz, Ted [R-TX].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Taxes Education