119th Congress
S. 1244
Education Savings Accounts for Military Families Act of 2025
- Introduced
- In committee
- Passed Senate
- Passed House
- To President
- Became law
- Sponsor
- Ted Cruz(R-TX)
- Introduced
- Apr 1, 2025
- Policy area
- Education
- Committees
- Senate Committee on Finance
- Official text
- Introduced in Senate · Congress.gov page
Cosponsors (2)
Original cosponsors (1)
- Jim Banks (R-IN)
Added later (1)
- Ted Budd (R-NC) · Jul 15, 2025
Summary
Summary by the Congressional Research Service· describes the “Introduced in Senate” version
Education Savings Accounts for Military Families Act of 2025
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 private secondary school or institution of higher education, private tutoring, or costs associated with an apprenticeship or other vocational training program.
Roll-call votes
No recorded votes on this bill.
Actions
- Apr 1, 2025 · Senate
Read twice and referred to the Committee on Finance. - Apr 1, 2025
Introduced in Senate