Hyde-Smith’s bill would make it more attractive for couples filing joint tax returns to make contributions and index the tax credit for all such donations to the inflation rate.
Support legislation to improve the Federal Education Scholarship Tax Credit by allowing joint filers to claim twice the individual credit and indexing the credit amount to inflation.
Occurrences
Evidence
legacy_unverified · Source version not recorded · locator unknown
GovInfo bill text shows S. 5322 was introduced by Mrs. Hyde-Smith on August 6, 2026 and referred to the Senate Finance Committee. The bill amends IRC section 25F so the credit limit is the applicable amount, twice that amount for a joint return, and adjusts the $1,700 amount for inflation after 2026.
legacy_unverified · Source version not recorded · locator unknown
Hyde-Smith's Senate office announced that the Federal Tax Credit Scholarship Improvement Act (S.5322) would allow married couples filing jointly to claim up to twice the individual credit and index the individual credit amount for inflation beginning in tax year 2027.
Assessments
The promise was to support legislation with two specific changes to the Federal Education Scholarship Tax Credit, not necessarily to secure enactment. Hyde-Smith introduced S. 5322 in the 119th Congress, and the bill text matches both promised elements: doubling the credit limit for joint filers and indexing the credit amount to inflation. Because she sponsored the matching federal legislation while serving in the same Senate term, this counts as delivered.