Supporting Students and Families Act

Key Points

• This bill would create a new tax credit to help families pay for school supplies. Parents could get back up to $200 per year for money spent on books, supplies, and equipment for their children in elementary or high school.
• The credit applies to students attending any type of school, including public, private, and religious schools. To qualify, the student must be a dependent of the person claiming the tax credit on their tax return.
• Not everyone will get the full amount. The credit starts to decrease for families who make more than $150,000 a year. If a family earns much more than that, they might not be able to claim the credit at all.
• If passed, this change would start for the 2027 tax year. This means families would see the benefit when they file their taxes in early 2028. It helps address the rising costs of getting kids ready for the classroom.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.