Senate
Jan 29, 2025

ACE Act

Summary

Official

Achieving Choice in Education Act or the ACE Act This bill expands the expenses that may be paid for with tax-free distributions from a qualified tuition program (known as a 529 plan) to include certain elementary, secondary, and homeschool education expenses and makes other changes related to 529 plans. The bill also limits the tax exclusion for interest on...

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Bill Progress

Bill has been introduced and assigned a number

Introduced(1/29/25)
Committee
Passed House
Passed Senate
President
Law

Sponsor

ML

Mr. Lee

Senate (R) Utah

Cosponsors (2)

Latest Action

Read twice and referred to the Committee on Finance.

Jan 29, 2025

View Bill on Congress.gov