H.R. 2691: To abolish the Department of Education and to provide funding directly to States for elementary and secondary education, and for other purposes.

This bill proposes several significant changes regarding education in the United States, primarily focusing on the abolishment of the Department of Education and the redistribution of education funding directly to the states.

Abolishment of the Department of Education

Under this bill, the Department of Education would be officially abolished 30 days after the bill is enacted. This means:

• All programs under the Department of Education’s administration would be terminated, except for two specific programs: the Federal Pell Grant program and the William D. Ford Federal Direct Loan Program.
• The authority to manage both of these remaining programs would transfer from the Department of Education to the Secretary of the Treasury.

Block Grants to States

The bill also introduces a program for distributing education funds directly to states, which would operate as follows:

• The Secretary of the Treasury will allocate funds to states to support elementary and secondary education.
• These allocations will be based on the total amount of Federal individual income taxes paid by residents of each state, relative to the total amounts paid by residents of all states.
• States are encouraged to use these funds in a way that promotes competition and choice in education, upholding the view that parents should have the authority to choose the best educational options for their children.

Use of Funds

States that receive allocations under this plan will be required to utilize the funds specifically for supporting elementary and secondary education within their jurisdiction.

Overall Impact

The underlying goal of the bill is to change how education funding is managed in the U.S., aiming to reduce federal oversight and enhance state control over education funding and implementation.

Relevant Companies

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