S.1982 - Creating Opportunity for Athletic Coaches to Help Educate Students Act; COACHES Act (119th Congress)
Summary
S.1982, the COACHES Act, aims to amend the Internal Revenue Code of 1986 to expand the above-the-line deduction for eligible educators. This expansion includes expenses for certain nonathletic supplies and extends the deduction to interscholastic sports administrators and coaches. The bill intends to provide tax relief for educators and coaches who incur expenses for instructional activities.
Expected Effects
The COACHES Act will likely result in a reduction of taxable income for eligible educators, sports administrators, and coaches. This could lead to increased disposable income for these individuals. It may also incentivize them to invest more in instructional supplies and activities.
Potential Benefits
- Provides tax relief to educators and coaches, potentially increasing their disposable income.
- Encourages investment in instructional supplies and activities, benefiting students.
- Recognizes the contributions of interscholastic sports administrators and coaches to education.
- Simplifies tax filing for eligible educators and coaches by expanding the above-the-line deduction.
- May improve morale and job satisfaction among educators and coaches.
Most Benefited Areas:
Potential Disadvantages
- Could slightly reduce federal tax revenue, potentially impacting government programs.
- May create administrative complexity in defining "nonathletic supplies" and eligible expenses.
- The benefit may disproportionately favor educators and coaches in wealthier districts who can afford to spend more on supplies.
- Potential for misuse or abuse of the deduction, requiring increased oversight by the IRS.
- The impact on student outcomes may be limited or difficult to measure.
Constitutional Alignment
The COACHES Act appears to align with the general welfare clause of the Constitution (Preamble), as it aims to support educators and coaches, potentially benefiting students and communities. Article I, Section 8 grants Congress the power to lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defense and general welfare of the United States. This bill falls under Congress's power to modify the tax code.
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).