Universal School Choice Act

This proposal would change the federal tax code so people and businesses can get a tax credit (a reduction in taxes you owe) when they donate to nonprofit groups that give education scholarships to qualified K–12 students.

In plain terms, it encourages donations to scholarship nonprofits, which could increase the amount of help available for families seeking financial support for their children’s schooling.

Key points

• Who is affected: Donors (individuals and businesses), nonprofit scholarship groups, and qualified elementary and secondary students who may receive scholarships.
• What changes: Donors could lower their federal taxes by giving to these nonprofits; the nonprofits use the funds to provide education scholarships to students.
• When: The provided text does not specify an effective date.