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.

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 5420 Introduced in Senate (IS)]

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119th CONGRESS
  2d Session
                                S. 5420

 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.

_______________________________________________________________________

                   IN THE SENATE OF THE UNITED STATES

                           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.
    (b) Effective Date.--The amendment made by this section shall apply 
to taxable years beginning after December 31, 2025.
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