,i  #aah? ,,congress  #b;d ,session  ,h4
 ,r4 #iibf  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,octob] #d1 #bjbd,ms4 
,mace introduc$ ! foll[+ bill2 :i* 0    
ref]r$ to ! ,committee on ,education & !
 ,work=ce1 & 9 addition to ! ,committee 
on ,ways & ,means1 = a p]iod to be      
subsequ5tly det]m9$ by ! ,speak]1 9 ea* 
case = consid]ation ( su* provisions z  
fall )9 ! jurisdiction ( ! committee    
conc]n$  ,a ,,bill  ,to direct !        
,secret>y ( ! ,treasury to c>ry out a   
program "u :i* all ,f$]al funds =       
elem5t>y & second>y education are       
provid$ directly to p>5ts ( eligible    
*ildr5 or approv$ by p>5ts = di/ribution
 to s*ools1 & = o!r purposes4  #a4 ,%ort
 title ,?is ,act may be cit$ z ! ,s*ool 
,fre$om ,act ( #bjbd4  #b4 ,t]m9ation ( 
,f$]al elem5t>y & second>y education    
programs  7a7 ,t]m9ation ,ea* cov]$     
,f$]al education program %all t]m9ate on
 a date det]m9$ by ! ,secret>y (        
,education t is n lat] ?an ,june #cj1   
#bjbe4  7b7 ,w9d-,d[n ( programs ,!     

,secret>y ( ,education %all take su*    
/eps z may be necess>y to provide = !   
ord]ly cessation ( activities "u ea*    
cov]$ ,f$]al education program by n lat]
 ?an ! t]m9ation date specifi$ 9        
subsection 7a74  7c7 ,reallocation (    
exi/+ appropriations ,beg9n+ on ! date (
 ! enactm5t ( ?is ,act1 no ,f$]al funds 
may be appropriat$ = a cov]$ ,f$]al     
education program4  7d7 ,allocation (   
unobligat$ am\nts ,any am\nts           
appropriat$ = a cov]$ ,f$]al education  
program t are unobligat$ z ( ! date su* 
program t]m9ates "u subsection 7a7 %all 
be us$ to c>ry out ! ,s*ool ,fre$om     
,acc\nt program "u section #c4  #c4     
,s*ool ,fre$om ,acc\nt program  7a7 ,9  
g5]al ,not)/&+ any o!r provision ( law1 
= ea* s*ool ye> beg9n+ on or aft] ,july 
#a1 #bjbe1 ! ,secret>y ( ! ,treasury    
%all c>ry out a program "u :i* !        
,secret>y %all-- 7#a7 e/abli% an acc\nt 
on behalf ( ea* eligible *ild 7to be    
kn[n z a ,s*ool ,fre$om ,acc\nt7 into   
:i* ! ,secret>y %all deposit funds 9 an 

am\nt det]m9$ "u subsection 7b72 &  7#b7
 e/abli% a proc$ure "u :i* ! p>5t ( !   
*ild %all-- 7,a7 9 ! case ( a p>5t :o   
elects n to h _! *ild att5d a public    
elem5t>y or second>y s*ool = a s*ool    
ye>1 use funds 9 ! acc\nt to pay = !    
educational exp5ses ( ! *ild 9          
accordance ) subsection 7c77#a72 or     
7,b7 9 ! case ( a p>5t :o elects to h _!
 *ild att5d a public elem5t>y or        
second>y s*ool = a s*ool ye>1 approve ! 
disbursem5t ( su* funds to ! local      
educational ag5cy s]v+ ! s*ool ( !      
p>5t's *oice & att5d$ by ! *ild = use 9 
accordance ) subsection 7c77#b74  7b7   
,deposit am\nt  7#a7 ,9 g5]al ,! am\nt (
 funds deposit$ into ea* ,s*ool ,fre$om 
,acc\nt = a s*ool ye> %all be equal to !
 p]-pupil ,f$]al exp5diture applicable  
to an eligible *ild = ! s*ool ye>1 z    
det]m9$ "u p>agraph 7#b74  7#b7         
,p]-pupil ,f$]al exp5diture  7,a7 ,fir/ 
ye> ( program ,! p]-pupil ,f$]al        
exp5diture applicable to an eligible    
*ild = ! fir/ s*ool ye> t beg9s on or   

aft] ,july #a1 #bjbe %all be equal to-- 
7i7 ! sum ( ! total am\nt appropriat$ to
 c>ry out ?is section = fiscal ye> #bjbe
 & any am\nts made available "u section 
#b7;d72 divid$ by  7ii7 ! total numb] ( 
eligible *ildr5 c\nt$ = su* s*ool ye>4  
7,b7 ,subsequ5t ye>s ,! p]-pupil ,f$]al 
exp5diture applicable to an eligible    
*ild = any s*ool ye> aft] ! ye> describ$
 9 subp>agraph 7,a7 %all be equal to--  
7i7 ! total am\nt ( ,f$]al funds        
appropriat$ to c>ry out ?is section = ! 
fiscal ye> t corresponds to su* s*ool   
ye>2 divid$ by  7ii7 ! total numb] (    
eligible *ildr5 c\nt$ = su* s*ool ye>4  
7c7 ,uses ( funds  7#a7 ,non-public     
s*ool funds ,funds deposit$ into a      
,s*ool ,fre$om ,acc\nt on behalf ( *ild 
:o does n att5d a public elem5t>y or    
second>y s*ool = a s*ool ye> may be us$ 
to pay =-- 7,a7 curriculum & curricul>  
mat]ials2  7,b7 books or o!r            
in/ructional mat]ials2  7,c7            
te*nological educational mat]ials2  7,d7
 onl9e educational mat]ials2  7,e7      

tutor+ or educational classes outside ! 
home1 includ+ micro s*ool or le>n+ pod2 
7,f7 private s*ool tuition2  7,g7 public
 *>t] s*ools2  7,h7 extracurricul>      
activities2  7,i7 te/+ fees2  7,j7      
diagno/ic tools2 or  7,k7 educational   
!rapies = /ud5ts ) disabilities4  7#b7  
,public s*ool funds ,funds disburs$ f a 
,s*ool ,fre$om ,acc\nt to a local       
educational ag5cy = a s*ool ye> may be  
us$ by ! ag5cy = any educational purpose
 au?oriz$ "u ! laws ( ! ,/ate 9 :i* su* 
ag5cy is locat$4  7d7 ,rollov]1         
conv]sion1 & t]m9ation  7#a7 ,rollov]   
,am\nts rema9+ 9 ! ,s*ool ,fre$om       
,acc\nt ( an eligible *ild at ! end ( a 
s*ool ye> %all rema9 available =        
exp5diture 9 accordance ) subsection 7c7
 9 subsequ5t s*ool ye>s until ! e>li]   
(-- 7,a7 ! date on :i* ! *ild completes 
second>y s*ool2 or  7,b7 ! date on :i* !
 *ild is no long] eligible to att5d a   
public elem5t>y or second>y s*ool4  7#b7
 ,conv]sion ,if am\nts rema9 9 a ,s*ool 
,fre$om ,acc\nt z ( ! date describ$ 9   

p>agraph 7#a71 su* acc\nt %all be       
r$esignat$ z a ,high] ,education &      
,skills ,obta9m5t ,fund4 ,no fur!r      
deposits %all be made 9 ! fund by !     
,secret>y ( ! ,treasury1 b any am\nts   
rema9+ 9 ! fund may be us$ by !         
individual on ^: behalf ! fund 0        
e/abli%$ to pay = po/second>y           
educational exp5ses1 includ+-- 7,a7 co/s
 ( att5dance at an in/itution ( high]   
education2  7,b7 co/s associat$ ) c>e] &
 te*nical education2 &  7,c7 su* o!r    
po/second>y educational exp5ses z may be
 approv$ by ! ,secret>y = purposes ( ?is
 p>agraph4  7#c7 ,t]m9ation & return (  
funds  7,a7 ,t]m9ation ,! ,high]        
,education & ,skills ,obta9m5t ,fund ( a
 /ud5t %all t]m9ate on ! date on :i* !  
/ud5t atta9s ! age ( #cj ye>s4  7,b7    
,return ( funds ,any funds rema9+ 9 a   
,high] ,education & ,skills ,obta9m5t   
,fund on ! date su* fund t]m9ates "u    
p>agraph 7#a7 %all be return$ to !      
,treasury ( ! ,unit$ ,/ates4  7e7       
,limitation ,! ,secret>y ( ! ,treasury  

may n require t-- 7#a7 individuals obta9
 preapproval prior to ! exp5diture (    
am\nts f a ,s*ool ,fre$om ,acc\nt or    
,high] ,education & ,skills ,obta9m5t   
,fund2 or  7#b7 ! exp5diture ( am\nts f 
a ,s*ool ,fre$om ,acc\nt or ,high]      
,education & ,skills ,obta9m5t ,fund be 
?r\gh a specific m>ketplace or portal4  
7f7 ,exclusion f taxable income ,am\nts 
9 a ,s*ool ,fre$om ,acc\nt or ,high]    
,education & ,skills ,obta9m5t ,fund "u 
?is section %all n be includ$ 9 ! gross 
income ( a p>5t or /ud5t = purposes ( ! 
,int]nal ,rev5ue ,code ( #aihf4  #d4    
,track+ ( ,f$]al education funds ,be=e !
 end ( ea* s*ool ye>1 ! ,secret>y ( !   
,treasury %all det]m9e-- 7#a7 !         
aggregate am\nt ( deposits made to      
,s*ool ,fre$om ,acc\nts "u section #c = 
su* s*ool ye>1 /at$ sep>ately = ea*     
local educational ag5cy 7bas$ on !      
resid5ce ( ! eligible *ild7 & id5tify+ !
 ,/ate 9 :i* ! local educational ag5cy  
is locat$2 &  7#b7 ( ! am\nt det]m9$ "u 
p>agraph 7#a7 ) respect to ea* local    

educational ag5cy-- 7,a7 ! am\nt ( funds
 di/ribut$ directly to p>5ts 9          
accordance ) subp>agraph 7,a7 ( section 
#c7;a77#b72 &  7,b7 ! am\nt ( funds     
approv$ by p>5ts = disbursem5t to !     
ag5cy 9 accordance ) subp>agraph 7,b7 ( 
su* section4  #e4 ,rules ( con/ruction  
,no?+ 9 ?is ,act %all be con/ru$ to--   
7#a7 affect any aspect ( private1       
religi\s1 or home education provid]s2   
7#b7 exclude private1 religi\s1 or home 
education provid]s f receiv+ funds f a  
,s*ool ,fre$om ,acc\nt2 or  7#c7 require
 an educational s]vice provid] to alt]  
any cre$1 practice1 admissions policy1  
or curriculum 9 ord] to receive funds f 
a ,s*ool ,fre$om ,acc\nt4  #f4          
,prohibition on new regulation ,!       
,secret>y ( ! ,treasury may n issue any 
rule1 promulgate any regulation1 or take
 any o!r action :i* imposes any         
limitation or requirem5t on ! use ( a   
,s*ool ,fre$om ,acc\nt or ,high]        
,education & ,skills ,obta9m5t ,fund by 
a p>5t or eligible *ild4  #g4 ,,gao     

report+ on ,s*ool ,fre$om ,acc\nt &     
,high] ,education & ,skills ,obta9m5t   
,fund  7a7 ,9 g5]al ,n lat] ?an "o ye>  
aft] ! date ( enactm5t ( ?is ,act1 &    
annually !reaft]1 ! ,comptroll] ,g5]al (
 ! ,unit$ ,/ates %all submit a report to
 ! ,congress t-- 7#a7 reviews ! w9d-d[n 
& t]m9ation ( cov]$ ,f$]al education    
programs by ! ,secret>y ( ,education2   
7#b7 reviews ! reallocation ( exi/+     
appropriations & ! allocation (         
unobligat$ am\nts appropriat$ = cov]$   
,f$]al education programs to c>ry out   
section #c ( ?is ,act2  7#c7 reviews !  
proc$ures e/abli%$ by ! ,secret>y ( !   
,treasury to all[ p>5ts to use funds to 
pay = educational exp5ses 9 accordance )
 section #c7;c77#a72  7#d7 id5tifies !  
aggregate am\nt ( deposits made to      
,s*ool ,fre$om ,acc\nts "u section #c = 
! s*ool ye>1 /at$ sep>ately = ea* local 
educational ag5cy 7bas$ on ! resid5ce ( 
! eligible *ild7 & id5tify+ ! ,/ate 9   
:i* ! local educational ag5cy is locat$2
  7#e7 id5tifies additional uses ( funds

 9 a ,s*ool ,fre$om ,acc\nt or ,high]   
,education & ,skills ,obta9m5t ,fund t  
c\ld b5efit an eligible *ild2  7#f7     
id5tifies ! aggregate numb] ( /ud5ts :o 
exp5d funds f a ,s*ool ,fre$om ,acc\nt  
to-- 7,a7 att5d a private s*ool2  7,b7  
att5d a public *>t] s*ool2  7,c7        
homes*ool2 &  7,d7 att5d educational    
classes outside ! home1 includ+ a micro 
s*ool or le>n+ pod2  7#g7 id5tifies !   
aggregate am\nt exp5d$ f ,s*ool ,fre$om 
,acc\nts1 o!r ?an = eligible uses 9     
section #c7;c77#a72  7#h7 id5tifies !   
aggregate am\nt 9 ,s*ool ,fre$om        
,acc\nts t rollov] to ! next s*ool ye>2 
7#i7 id5tifies ! aggregate numb] (      
,s*ool ,fre$om ,acc\nts t conv]t to     
,high] ,education & ,skills ,obta9m5t   
,funds1 & ! aggregate am\nt 9 acc\nts t 
are conv]t$2  7#aj7 id5tifies !         
aggregate numb] ( /ud5ts t exp5d am\nts 
f a ,high] ,education & ,skills         
,obta9m5t ,fund to pay co/s associat$ ) 
att5dance ( an in/itution ( high]       
education or ) c>e] & te*nical          

education2  7#aa7 reviews ! ,secret>y ( 
! ,treasury's ef=ts to track ,f$]al     
funds deposit$ into ,s*ool ,fre$om      
,acc\nts2  7#ab7 id5tifies ! aggregate  
am\nt return$ to ! ,treasury 9 ! fiscal 
ye> foll[+ ! t]m9ation ( ,high]         
,education & ,skills ,obta9m5t ,funds2 &
  7#ac7 includes any o!r matt] !        
,comptroll] ,g5]al ( ! ,unit$ ,/ates    
det]m9es important to assess+ & improv+ 
! implem5tation or adm9i/ration ( !     
,s*ool ,fre$om ,acc\nt or ,high]        
,education & ,skills ,obta9m5t ,fund4   
#h4 ,def9itions ,9 ?is ,act3 7#a7 ,! t]m
 c>e] & te*nical education has ! mean+  
giv5 t t]m 9 section #c ( ! ,c>l ,d4    
,p]k9s ,c>e] & ,te*nical ,education ,act
 ( #bjjf 7#bj ,u4,s4,c4 #bcjb74  7#b7 ,!
 t]ms *ild1 elem5t>y s*ool1 local       
educational ag5cy1 p>5t1 second>y s*ool1
 & ,/ate h ! mean+s giv5 ^? t]ms 9      
section #haja ( ! ,elem5t>y & ,second>y 
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ghja74  7#c7 ,! t]m co/ ( att5dance has
 ! mean+ giv5 t t]m 9 section #dgb ( !  

,high] ,education ,act ( #aife 7#bj     
,u4,s4,c4 #ajhgll74  7#d7 ,! t]m cov]$  
,f$]al education program means an       
applicable program 7z def9$ 9 section   
#djj ( ! ,g5]al ,education ,provisions  
,act 7#bj ,u4,s4,c4 #abba77 ! prim>y    
purpose ( :i* is to support elem5t>y or 
second>y education1 except su* t]m does 
n include ! ,s*ool ,fre$om ,acc\nt      
program au?oriz$ "u ?is ,act4  7#e7 ,!  
t]m eligible *ild means a *ild-- 7,a7 :o
 is eligible to enroll 9 a public       
elem5t>y or second>y s*ool = a s*ool    
ye>2  7,b7 :o has be5 issu$ a social    
security numb] by ! ,social ,security   
,adm9i/ration2 &  7,c7 ^: p>5t or       
gu>dian has be5 issu$ a social security 
numb] by ! ,social ,security            
,adm9i/ration4  7#f7 ,! t]m in/itution (
 high] education has ! mean+ giv5 t t]m 
9 section #ajb ( ! ,high] ,education    
,act ( #aife 7#bj ,u4,s4,c4 #ajjb74