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Proposed

Bill · 119th Congress · S 4297

Keep Public Funds in Public Schools Act

Refreshed 2 h ago

Introduced 2026-04-15Topic: taxes · education

Summary

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This bill would remove the federal income tax credit that individuals can claim for donating to scholarship granting organizations (section 25F of the tax code). It would also remove the tax code section (139K) that lets certain amounts received from these organizations be left out of a person's taxable income. The repeal of the credit would apply to tax years ending after December 31, 2026. The repeal of the income exclusion would apply to amounts received after December 31, 2026.

Full text and official record on Congress.gov

Sponsors

Action history

DateChamberActionStatus effect
2026-04-15SenateRead twice and referred to the Committee on Finance.refer
2026-04-15Introduced in Senateintroduce
Source: GovInfo Bill Status (Library of Congress), fetched 2026-09-24. Provisions and opinion polling arrive in a later release.