Sen. Cruz Student Opportunity Amendment Adopted Into Tax Cuts & Jobs Act

Vice President Pence casts tie-breaking vote in the Senate to invest in educational opportunity for future generations Texas Insider Report: WASHINGTON D.C. U.S. Sen. Ted Cruz (R-Texas) today filed an amendment to the Senates tax reform bill that seeks to expand 529 College Savings Plans to include K-12 elementary and secondary school tuition for public private and religious schools including K-12 educational expenses for homeschool students. Vice President Mike Pence traveled to the Capitol to cast the tie breaking vote in the affirmative for the amendment resulting in its adoption into the Senates tax reform bill the Tax Cuts and Jobs Act. Before the vote Sen. Cruz delivered remarks on the Senate floor urging his colleagues to pass the amendment.

Tonight the Senate joined together to provide historic tax relief that serves as an investment in our nation and our economic well-being" Sen. Cruz said. As part of this historic effort weve also invested in our children and expanded educational opportunities with the expansion of 529s to include K-12 elementary and secondary school tuition including educational expenses for homeschool students. By expanding choice for parents and opportunities for children we have prioritized the education of the next generation of Americans allowing families to save and prepare for their childrens future educational expenses. Expanding 529s ensures that each child receives an education that meets their individual needs instead of being forced into a one-size-fits-all approach to education or limited to their zip code."

Adding homeschoolers and expanding plans in general will help ensure that each child receives an education that meets their individual needs instead of being forced into a one-size-fits- all approach to education. The expansion of 529 plans to include K-12 expenses will help working class and middle-income families save and prepare for their childrens educational expenses. The full text of the amendment may be viewed here.