Early Education Savings Program Act

This bill would change federal tax law so that money in a 529 education savings account could be used to pay for child care for a child under age 5. Covered child care must be provided for pay and on a regular basis by a center, a family child care provider, or another provider. The provider must be licensed, regulated, or registered under state law and cannot be a relative of all the children in its care. The change would apply to child care expenses paid after the bill becomes law.

Full text and official record on Congress.gov

Sponsors

• Kristen McDonald Rivet Democrat sponsor
• 1 cosponsors