S 4297
Keep Public Funds in Public Schools Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 7:39 AM
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- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill, the Keep Public Funds in Public Schools Act, aims to redirect tax dollars currently used for scholarship tax credits back to public schools. It specifically repeals a tax credit that allows individuals to deduct contributions to scholarship-granting organizations and removes a related provision regarding the exclusion of scholarship amounts from income. The changes will take effect for tax years beginning after December 31, 2026.
Sponsors
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Primary sponsor
Cosponsors
Angus S., Jr. King
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