RepublicanBill · H.R. 2097· House(119-HR-2097)

Education, Achievement, and Opportunity Act

Rep. Smith
Age: 73 years
New Jersey
Introduced
3/14/2025
Last activity
3/14/2025 — Referred to the House Committee on Ways and Means.
Sponsored by
Christopher Smith
Cosponsors
None
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill, known as the "Education, Achievement, and Opportunity Act," proposes to amend the Internal Revenue Code of 1986. It would establish a new refundable tax credit for individuals to cover qualified education expenses for each qualifying child. These expenses include tuition and certain other costs for students attending public or private elementary or secondary schools. The credit is subject to a maximum of $10,000 per child. Additionally, the amount of the credit may be reduced based on the taxpayer's modified adjusted gross income.

Yes· 3 of 14

  • Does this make it easier to use public money at a school other than the local one?+8

    The bill directly facilitates school choice by providing financial support for both public and private elementary and secondary education.

  • Would children be better off under this?+7

    The bill provides direct financial relief for the educational expenses of qualifying children.

  • Would households on low incomes be better off under this?+6

    The refundable credit offers significant support for low-income families pursuing educational opportunities.

The opposite

  • Would high-income households be better off under this?-2

    The credit is phased out for households with higher adjusted gross incomes.