,,ii  #aac? ,,congress  #a/ ,session    
,s4 #hg  ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$
 ,,/ates  ,janu>y #bc 7legislative day1 
,janu>y #c71 #bjac ,mr4 ,vitt] introduc$
 ! foll[+ bill2 :i* 0 read twice &      
ref]r$ to ! ,committee on ,f9ance  ,a   
,,bill  ,to am5d ! ,int]nal ,rev5ue     
,code ( #aihf to provide a tax d$uction 
= itemiz]s & nonitemiz]s = exp5ses      
relat+ to home s*ool+4  #a4 ,%ort title 
,?is ,act may be cit$ z ! ,home ,s*ool  
,opportunities ,make ,education ,s\nd   
,act ( #bjac4  #b4 ,itemiz] d$uction =  
home s*ool education exp5ses  7a7 ,9    
g5]al ,"p ,,vii ( sub*apt] ,b ( *apt] #a
 ( ! ,int]nal ,rev5ue ,code ( #aihf is  
am5d$--  7#a7 by r$esignat+ section #bbd
 z section #bbe1 &  7#b7 by ins]t+ aft] 
section #bbc ! foll[+ new section3      
#bbd4 ,home s*ool education exp5ses  7a7
 ,all[ance ( d$uction ,9 ! case ( an    
individual1 !re %all be all[$ z a       
d$uction = ! taxable ye> an am\nt equal 
to ! qualifi$ home s*ool education      
exp5ses paid by ! taxpay] dur+ ! taxable

 ye> on behalf ( ea* qualify+ *ild ( !  
taxpay]4  7b7 ,maximum d$uction ,!      
d$uction all[$ by subsection 7a7 = !    
taxable ye> %all n exce$ ! less] (--    
7#a7 #ejj = any qualify+ *ild ( !       
taxpay]1 &  7#b7 #b1jjj 9 ! aggregate = 
all qualify+ *ildr5 ( ! taxpay]4  7c7   
,def9itions ,= purposes ( ?is section-- 
7#a7 ,qualify+ *ild ,! t]m qualify+ *ild
 has ! mean+ giv5 to su* t]m 9 section  
#bd7;c74  7#b7 ,qualifi$ home s*ool     
education exp5ses  7,a7 ,9 g5]al ,! t]m 
qualifi$ home s*ool education exp5ses   
means exp5ses =--  7i7 books1 supplies1 
& o!r equipm5t necess>y = a c\rse (     
in/ruction 9 a classroom environm5t1    
7ii7 academic tutor+1  7iii7 special    
ne$s s]vices = qualify+ *ildr5 )        
disabilities 7)9 ! mean+ ( ! ,am]icans  
,) ,disabilities ,act ( #aiij71 &  7iv7 
any comput] te*nology or equipm5t 7z    
def9$ 9 section #agj7;e77#f77;,f77i77 or
 ,int]net access & relat$ s]vices1 if   
su* te*nology1 equipm5t1 or s]vices are 
to be us$ by ! qualify+ *ild & !        

qualify+ *ild's family dur+ any ( ! ye>s
 t ! qualify+ *ild is educat$ 9 an      
elem5t>y or second>y home s*ool 7n      
includ+ comput] equipm5t design$ =      
sports1 games1 or hobbies unless su*    
equipm5t is prim>ily educational 9      
nature71  9 connection ) a c\rse (      
in/ruction 9 an elem5t>y or second>y    
home s*ool4  7,b7 ,elem5t>y or second>y 
home s*ool ,! t]m elem5t>y or second>y  
home s*ool includes any home s*ool t    
meets ! requirem5ts ( ,/ate law         
applicable to su* home s*ools & t       
provides elem5t>y education or second>y 
education 7k9d]g>t5 ?r\gh grade #ab71   
:e!r or n su* home s*ool is deem$ a     
private s*ool = purposes ( ,/ate law4   
7d7 ,special rules  7#a7 ,d5ial ( d\ble 
b5efit ,except z provid$ 9 p>agraphs    
7#b7 & 7#c71 no d$uction %all be all[$  
"u subsection 7a7 = any exp5se = :i* a  
d$uction or cr$it is all[$ to ! taxpay] 
"u any o!r provision ( ?is *apt]4  7#b7 
,adju/m5t = ,cov]dell education sav+s   
acc\nt di/ributions & ,hope & ,lifetime 

,le>n+ ,cr$its ,! am\nt ( qualifi$ home 
s*ool education exp5ses tak5 into acc\nt
 "u subsection 7a7 ) respect to a       
qualify+ *ild = a taxable ye> %all be   
r$uc$ by ! sum (--  7,a7 ! am\nt ( any  
cr$it all[$ "u section #be;,a ) respect 
to su* *ild = su* taxable ye>1 &  7,b7  
any am\nts excludable "u section        
#ecj7;d77#b7 = su* taxable ye> by reason
 ( ! qualifi$ elem5t>y & second>y       
education exp5ses 7z def9$ 9 section    
#ecj7;b77#c77 ( su* *ild = su* taxable  
ye>4  7#c7 ,adju/m5t = c]ta9 s*ol>%ips1 
etc ,rules simil> to ! rules "u section 
#be;,a7g77#b7 %all apply = purposes (   
?is section4  7#d7 ,id5tification       
requirem5t1 limitation on taxable ye> ( 
d$uction1 etc ,rules simil> to ! rules  
"u p>agraphs 7#b71 7#d71 & 7#e7 (       
section #bbb7;d7 %all apply = purposes (
 ?is section4  4  7b7 ,cl]ical am5dm5t  
,! table ( sections = "p ,,vii (        
sub*apt] ,b ( *apt] #a ( ! ,int]nal     
,rev5ue ,code ( #aihf is am5d$ by /rik+ 
! item relat+ to section #bbd & ins]t+ !

 foll[+ new items3  8#bbd4 ,home s*ool  
education exp5ses4 #bbe4 ,cross         
ref]5ce44  7c7 ,effective date ,!       
am5dm5ts made by ?is section %all apply 
to taxable ye>s beg9n+ aft] ,decemb]    
#ca1 #bjab4  #c4 ,additional /&>d       
d$uction = home s*ool education exp5ses 
= nonitemiz]s  7a7 ,9 g5]al ,section    
#fc7;c77#a7 ( ! ,int]nal ,rev5ue ,code (
 #aihf is am5d$--  7#a7 by /rik+ & at ! 
end ( subp>agraph 7,d71  7#b7 by /rik+ !
 p]iod at ! end ( subp>agraph 7,e7 &    
ins]t+ 1 &1 &  7#c7 by add+ at ! end !  
foll[+ new subp>agraph3  7,f7 ! home    
s*ool education exp5ses d$uction4  4    
7b7 ,def9ition ,section #fc7;c7 ( !     
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by add+ at ! end ! foll[+ new p>agraph3 
7#aj7 ,home s*ool education exp5ses     
d$uction  7,a7 ,9 g5]al ,= purposes (   
p>agraph 7#a71 ! home s*ool education   
exp5ses d$uction is s mu* ( ! am\nt ( ! 
qualifi$ home s*ool education exp5ses   
paid by ! taxpay] dur+ ! taxable ye> on 
behalf ( ea* qualify+ *ild ( ! taxpay]--

  7i7 z does n exce$ #ejj ) respect to  
ea* su* qualify+ *ild1 &  7ii7 z does n 
exce$ #b1jjj 9 ! aggregate ) respect to 
all su* qualify+ *ildr54  7,b7 ,qualify+
 *ild2 qualifi$ home s*ool education    
exp5ses ,= purposes ( subp>agraph 7,a7--
  7i7 ! t]m qualify+ *ild has ! mean+   
giv5 to su* t]m 9 section #bd7;c71 &    
7ii7 ! t]m qualifi$ home s*ool education
 exp5ses has ! mean+ giv5 to su* t]m 9  
section #bbd7;c77#b74  7,c7 ,special    
rules ,rules simil> to ! rules ( section
 #bbd7;d7 %all apply = purposes ( ?is   
p>agraph4  4  7c7 ,effective date ,!    
am5dm5ts made by ?is section %all apply 
to taxable ye>s beg9n+ aft] ,decemb]    
#ca1 #bjab4