P.L. 119-21
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Public Law 119-21, §70411(c): When the credit takes effect
The effective dates. The credit applies to tax years ending after December 31, 2026, so the first donations that count are made on or after January 1, 2027.
- Issued or enacted
- July 4, 2025
- Takes effect
- January 1, 2027
- Status
- Published
The official text
As published on govinfo.gov, copied September 28, 2026. The official copy is the one that counts.
(c) Effective Date.
(1) In general
Except as otherwise provided in this subsection, the amendments made by this section shall apply to taxable years ending after December 31, 2026.
(2) Exclusion from gross income
The amendments made by subsection (b) shall apply to amounts received after December 31, 2026, in taxable years ending after such date.
- Source credit
- Public Law 119-21, title VII, §70411(c), July 4, 2025, 139 Stat.
On this site
Where we use it
The pages whose rules and figures come from P.L. 119-21.
Federal law
Related documents
- §25F26 U.S.C. §25F: Qualified elementary and secondary education scholarshipsThe federal credit itself. It sets the $1,700 limit, what counts as a qualifying donation, and the rules a scholarship granting organization has to follow.
- §139K26 U.S.C. §139K: Scholarships aren't taxable incomeScholarships from a scholarship granting organization aren't counted as income for the student or the family.
- §530(b)(3)26 U.S.C. §530(b)(3): Qualified K-12 education expensesThe list of K-12 expenses a scholarship can pay for. The credit borrows it from the rules for Coverdell education savings accounts.