119th Congress

S.5420

A bill to amend the Internal Revenue Code of 1986 to increase the qualified elementary and secondary education scholarships credit limit for married taxpayers filing a joint return.

Introduced·9/17/26

Prefiled

Introduced9/17/26

Chamber Passed

Final Passage

Complete

Introduced

S. 5420

Introduced in Senate · September 26, 2026

September 17, 2026

Mr. Cassidy introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To amend the Internal Revenue Code of 1986 to increase the qualified elementary and secondary education scholarships credit limit for married taxpayers filing a joint return.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Qualified elementary and secondary education scholarships credit limit for married taxpayers filing jointly.

(a) In general.— Section 25F(b)(1) of the Internal Revenue Code of 1986 is amended by inserting “(200 percent such amount in the case of a joint return)” before the period at the end.

S5420 U.S. Senate: Increases the qualified elementary and…