Education Savings Accounts for Military Families Act of 2025
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Apr 1, 2025)
Education Savings Accounts for Military Families Act of 2025
This bill directs the Department of Education (ED) to establish a program to provide children with parents on active duty in the uniformed services with funds to pay educational expenses.
Specifically, ED must establish a tax-exempt Military Education Savings Account for dependent children of parents in the uniformed services for the payment of the children's educational expenses. Funds in the savings account may be used for specified purposes, including the cost of attendance at a private elementary or private secondary school or institution of higher education, private tutoring, or costs associated with an apprenticeship or other vocational training program.
What just happenedApr 1, 2025
Read twice and referred to the Committee on Finance.
Who’s behind it
- Introduced in SenateApr 1, 2025
- Apr 1, 2025IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Apr 1, 2025IntroReferral10000
Introduced in Senate