H.R.2097 - Education, Achievement, and Opportunity Act (119th Congress)
Summary
H.R.2097, the Education, Achievement, and Opportunity Act, proposes a refundable tax credit for tuition expenses incurred for each qualifying child attending public or private elementary or secondary school. The credit is capped at $10,000 per child and is subject to income limitations. The bill aims to supplement the public school system and provide parents with more choices in their children's education.
Expected Effects
This bill, if enacted, would provide financial assistance to families for educational expenses, potentially increasing enrollment in private schools. It could also impact public school funding and enrollment as families shift their children to private institutions. The tax credit is designed to be phased out for higher-income families.
Potential Benefits
- Provides financial relief to families for education expenses.
- Expands school choice options for parents.
- Supports private schools and supplements the public school system.
- Could incentivize improved educational outcomes through competition.
- Offers additional support for special needs services and academic tutoring.
Potential Disadvantages
- May decrease funding for public schools if students transfer to private schools.
- Could disproportionately benefit higher-income families despite income limitations.
- May raise questions about the separation of church and state if used for religious schools.
- Increases complexity in the tax code.
- Potential strain on the federal budget due to the refundable tax credit.
Most Disadvantaged Areas:
Constitutional Alignment
The bill's constitutionality is complex. While it doesn't directly establish a religion, the Establishment Clause of the First Amendment could be invoked if the tax credits are primarily used for religious schools. The bill also touches upon the government's role in promoting the general welfare, as stated in the Preamble. The equal protection clause of the Fourteenth Amendment might be relevant if the credit disproportionately benefits certain groups.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).