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Adds a new subsection (e) to clarify that, beginning in fiscal year 2027, each place in section 111 that uses the phrases "amount appropriated under section 9" and "amount appropriated for allotments under this section" shall also include the aggregate amount appropriated to the Career and Technical Education Support Trust Fund under section 9514 of the Internal Revenue Code for the preceding fiscal year.
Adds new section 9514 to subchapter A of chapter 98 establishing the Career and Technical Education Support Trust Fund, appropriating to the Fund amounts equivalent to one-third of the taxes received in the Treasury under section 4286, and making amounts in the Fund available, without further appropriation, to carry out section 111 of the Carl D. Perkins Career and Technical Education Act of 1965.
Adds new section 9513 to chapter 98 (Subchapter A) of the Internal Revenue Code establishing the One-on-One Tutoring Trust Fund, appropriating amounts equivalent to one-third of the taxes received under section 4286 to the Trust Fund, and making amounts in the Trust Fund available without further appropriation to carry out the grant program established under section 6 of the Education Not Endless Scrolling Act.
Adds a new section 9512 to establish the Local Journalism Preservation Trust Fund in the Treasury, appropriate to the Fund amounts equivalent to one-third of the taxes received under section 4286, and direct transfers from the Fund to the general fund to match credits allowed by future laws described in subsection (b).
Amends the table of sections for subchapter A of chapter 98 by adding a new item for section 9512 (Local Journalism Preservation Trust Fund).
Inserts a new subchapter after subchapter C of chapter 33 of the Internal Revenue Code to establish a tax on digital advertising services.
Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced December 1, 2025 by Jake Auchincloss · Last progress December 1, 2025
Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced in House