Representative Nancy Mace introduces H.R. 10801: School Freedom Act of 2026

We have received text from H.R. 10801: School Freedom Act of 2026. This bill was received on 2026-10-13, and currently has no cosponsors.

Here is a short summary of the bill:

This bill would end most existing federal K-12 education programs by June 30, 2027 and replace that funding with tax-advantaged School Freedom Accounts for families. Parents would be able to use the accounts to pay for approved education expenses for their children, rather than having the money go directly to federal K-12 programs.

School Freedom Accounts

The bill creates a new account system for eligible students. These accounts would be available for U.S. citizens or nationals who:

• have not yet finished secondary school,
• are eligible to attend K-12 school, and
• have a parent who is a U.S. citizen or national.

The accounts would be tax-advantaged, meaning they would receive favorable tax treatment under the bill’s rules. Parents would be allowed to use the money for approved education-related costs for their children.

Use of Remaining Balances

If money remains in a School Freedom Account after K-12 education, the bill would convert the unused balance into accounts for higher education and job skills training. Those later accounts would be used for postsecondary education or training expenses.

Definitions

For the most part, the bill uses existing federal education definitions for terms related to education programs and eligibility. Higher education would be defined using the Higher Education Act.

Relevant Companies

None found

Representative Nancy Mace Bill Proposals

Here are some bills which have recently been proposed by Representative Nancy Mace:

• H.R.10801: To direct the Secretary of the Treasury to carry out a program under which Federal funds for elementary and secondary education are either provided directly to parents to cover certain educational expenses or approved by parents for distribution to the public school their child attends, and for other purposes.
• H.R.10783: Speak Your Truth Act
• H.R.10630: Pesticide Transparency on Federal Land Act
• H.R.10629: Pesticide Data Transparency Act
• H.R.10523: PUPPS Act
• H.R.10447: American Citizenship Integrity Act

You can track bills proposed by Representative Nancy Mace on Investivoq's politician page for Mace.

Representative Nancy Mace Net Worth

Investivoq estimates that Representative Nancy Mace is worth $353.0K, as of October 15th, 2026. This is the 432nd highest net worth in Congress, per our live estimates.

Mace has approximately $0 invested in publicly traded assets which Investivoq is able to track live.

You can track Representative Nancy Mace's net worth on Investivoq's politician page for Mace.

2026 South Carolina's 1st Congressional District Election

There has been approximately $14,066,152 of spending in South Carolina's 1st congressional district elections over the last two years, per our estimates.

Approximately $4,862,108 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:

• WFW ACTION FUND INC ($1,119,318)
• VOTEVETS ($612,810)
• THANK YOU FOR YOUR ATTENTION TO THIS MATTER PAC ($609,333)
• STRONG PAC ($520,205)
• NO GOING BACK PAC INC. ($518,877)

The rating for this race is currently "Likely R".

You can track this election on our matchup page for the 2026 South Carolina's 1st congressional district election.

This article is not financial advice. See Investivoq's disclaimers for more information.