S. 5420 explained · 119th Congress · Pending in Congress
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.
Cosponsors: none · per Congress.gov, 2026-10-14
Introduced: 2026-09-17
Latest action (2026-09-17): Read twice and referred to the Committee on Finance.
What S. 5420 does, in plain terms
The Congressional Research Service has not published a summary of S. 5420 yet. Its official title: “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.”.
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