II
119th CONGRESS
2d Session
S. 5420
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.