Adds to existing law to enact the Guided Education Management Act.

The purpose of this legislation is to establish the GEM (Guided Education Management) Scholarship Act. The legislation creates GEM Scholarships to pay for qualified education expenses for (i) students from low-income families, (ii) students with special needs, (iii) students who are at-risk, or (iv) children of active duty military. Criteria for services considered qualified education expenses and entities providing those services is identified in the legislation. The legislation also sets forth criteria for a Scholarship Granting Organization to oversee funds received for GEM Scholarships and administering GEM Scholarships with individual students.