Amends the Internal Revenue Code to allow payment of home school expenses from Coverdell education savings accounts.
[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1767 Introduced in House (IH)]
112th CONGRESS
1st Session
H. R. 1767
To amend the Internal Revenue Code of 1986 to allow expenses relating
to all home schools to be qualified education expenses for purposes of
a Coverdell education savings account.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
May 5, 2011
Mr. Boustany introduced the following bill; which was referred to the
Committee on Ways and Means
_______________________________________________________________________
A BILL
To amend the Internal Revenue Code of 1986 to allow expenses relating
to all home schools to be qualified education expenses for purposes of
a Coverdell education savings account.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. ALLOWANCE OF HOME SCHOOL EXPENSES AS QUALIFIED EDUCATION
EXPENSES FOR PURPOSES OF A COVERDELL EDUCATION SAVINGS
ACCOUNT.
(a) In General.--Paragraph (3) of section 530(b) of the Internal
Revenue Code of 1986 is amended by adding at the end the following new
subparagraph:
``(C) Private school.--For purposes of this
section, the term `private school' includes any home
school that meets the requirements of State law
applicable to such home schools, whether or not such
school is deemed a private school for purposes of State
law.''.
(b) Effective Date.--The amendment made by this section shall apply
to taxable years beginning after December 31, 2010.
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Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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