II
111th CONGRESS
1st Session
S. 101
IN THE SENATE OF THE UNITED STATES
January 6, 2009
Mr. Vitter 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 allow expenses relating to all home schools to be qualified education expenses for purposes of a Coverdell education savings account.
Allowance of home school expenses as qualified education expenses for purposes of a Coverdell education savings account
In general
Paragraph (3) of section 530(b) of the Internal Revenue Code of 1986 (relating to qualified elementary and secondary education expenses) is amended by adding at the end the following new subparagraph:
Private school
For purposes of this section, the term private school includes any home school that meets the requirements of State law applicable to such home schools, whether or not such school is deemed a private school for purposes of State law.
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Effective date
The amendment made by this section shall apply to taxable years beginning after December 31, 2008.