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H.R. 452 118th Congress House

Education Savings Accounts for Military Families Act of 2023

Official title: To amend the Elementary and Secondary Education Act of 1965 to allow parents of eligible military dependent children to establish Military Education Savings Accounts, and for other purposes.

Introduced: January 24, 2023 Introduced by: Jim Banks Republican · Indiana See on congress.gov
Education Bank accounts, deposits, capitalEducation programs fundingElementary and secondary educationIncome tax exclusion
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Military personnel and dependentsStudent aid and college costs
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 24, 2023
Referred to the Committee on Education and the Workforce, and in addition to the Committees on Ways and Means, and Appropriations, 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.
Jan 24, 2023
Introduced in House
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 Latest action January 24, 2023

Referred to the Committee on Education and the Workforce, and in addition to the Committees on Ways and Means, and Appropriations, 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.

 Plain-English summary Congressional Research Service

Education Savings Accounts for Military Families Act of 2023

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 secondary school or institution of higher education, private tutoring, or costs associated with an apprenticeship or other vocational training program.

 Related & companion bills 2
  • S 60 Identical bill Education Savings Accounts for Military Families Act of 2023
  • HR 499 Reintroduction of Education Savings Accounts for Military Families Act of 2021
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 3
 Cosponsors 7
All 7 Republican 4
R
Fulcher, Russ
Idaho · May 10, 2023
 R
Barr, Andy
Kentucky · Jan 24, 2023
Bucshon, Larry
· Jan 24, 2023
Lamborn, Doug
· Jan 24, 2023
McHenry, Patrick
· Jan 24, 2023
 R
Schweikert, David
Arizona · Jan 24, 2023
 R
Wittman, Robert J.
Virginia · Jan 24, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 452: Education Savings Accounts for Military Families Act of 2023. 118th Congress. Open America. https://openamerica.io/bill/118-HR-452/
MLA
"H.R. 452: Education Savings Accounts for Military Families Act of 2023." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-452/.
Bluebook (legal)
H.R. 452, 118th Cong. (2026), https://openamerica.io/bill/118-HR-452/.
Markdown link
[H.R. 452: Education Savings Accounts for Military Families Act of 2023](https://openamerica.io/bill/118-HR-452/)
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