Keep Public Funds in Public Schools Act
Sponsored By: Senator Kelly, Mark [D-AZ]
Introduced
Summary
This bill would repeal the federal tax credit for contributions to scholarship granting organizations and would eliminate the related exclusion from gross income under section 139K. The repeal would apply to taxable years ending after December 31, 2026, and to amounts received after December 31, 2026.
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Bill Overview
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
End tax credit for scholarship donations
If enacted, the bill would eliminate the federal tax credit for individual donations to scholarship granting organizations. If you previously claimed that credit, you would no longer be able to use it. The repeal would apply to taxable years ending after December 31, 2026 and could raise your federal tax for those years.
Scholarship payments would be taxable
If enacted, the bill would repeal the exclusion from gross income for amounts tied to scholarship granting organization contributions. Amounts you receive after December 31, 2026 would be taxable in taxable years ending after that date. Recipients of those payments would see higher taxable income for affected amounts.
Sponsors & CoSponsors
Sponsor
Kelly, Mark [D-AZ]
AZ • D
Cosponsors
Sen. Hirono, Mazie K. [D-HI]
HI • D
Sponsored 4/15/2026
Sen. Sanders, Bernard [I-VT]
VT • I
Sponsored 4/15/2026
Sen. Reed, Jack [D-RI]
RI • D
Sponsored 4/15/2026
Sen. Luján, Ben Ray [D-NM]
NM • D
Sponsored 4/15/2026
Sen. Duckworth, Tammy [D-IL]
IL • D
Sponsored 4/15/2026
Sen. Van Hollen, Chris [D-MD]
MD • D
Sponsored 4/15/2026
Sen. Schiff, Adam B. [D-CA]
CA • D
Sponsored 4/15/2026
Sen. Murphy, Christopher [D-CT]
CT • D
Sponsored 4/15/2026
Sen. Warren, Elizabeth [D-MA]
MA • D
Sponsored 4/15/2026
Sen. Smith, Tina [D-MN]
MN • D
Sponsored 4/15/2026
Sen. Blumenthal, Richard [D-CT]
CT • D
Sponsored 4/15/2026
Sen. Merkley, Jeff [D-OR]
OR • D
Sponsored 4/15/2026
Sen. Coons, Christopher A. [D-DE]
DE • D
Sponsored 4/15/2026
Sen. Shaheen, Jeanne [D-NH]
NH • D
Sponsored 4/15/2026
Sen. Markey, Edward J. [D-MA]
MA • D
Sponsored 4/15/2026
Peter Welch
VT • D
Sponsored 4/15/2026
Sen. Blunt Rochester, Lisa [D-DE]
DE • D
Sponsored 4/15/2026
Sen. King, Angus S., Jr. [I-ME]
ME • I
Sponsored 4/15/2026
Sen. Wyden, Ron [D-OR]
OR • D
Sponsored 4/15/2026
Sen. Fetterman, John [D-PA]
PA • D
Sponsored 4/15/2026
Charles Schumer
NY • D
Sponsored 4/15/2026
Sen. Kim, Andy [D-NJ]
NJ • D
Sponsored 4/15/2026
Sen. Bennet, Michael F. [D-CO]
CO • D
Sponsored 4/15/2026
Sen. Gillibrand, Kirsten E. [D-NY]
NY • D
Sponsored 4/15/2026
Sen. Kaine, Tim [D-VA]
VA • D
Sponsored 4/15/2026
Sen. Durbin, Richard J. [D-IL]
IL • D
Sponsored 4/15/2026
Sen. Heinrich, Martin [D-NM]
NM • D
Sponsored 4/15/2026
Sen. Padilla, Alex [D-CA]
CA • D
Sponsored 4/15/2026
Sen. Booker, Cory A. [D-NJ]
NJ • D
Sponsored 4/15/2026
Sen. Gallego, Ruben [D-AZ]
AZ • D
Sponsored 4/16/2026
John Hickenlooper
CO • D
Sponsored 4/16/2026
Sen. Whitehouse, Sheldon [D-RI]
RI • D
Sponsored 4/22/2026
Sen. Schatz, Brian [D-HI]
HI • D
Sponsored 4/30/2026
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov