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S4297119th CongressWALLET
Keep Public Funds in Public Schools Act
Sponsored By: Senator Kelly, Mark [D-AZ]
Introduced
Summary
Repeal of the tax credit for contributions to scholarship granting organizations. This bill would remove the federal tax credit for donations to scholarship granting organizations by striking section 25F of the Internal Revenue Code. It would also repeal the exclusion from gross income for amounts related to those organizations. The changes apply to taxable years ending after Dec. 31, 2026 and to amounts received after Dec. 31, 2026. The short title is the Keep Public Funds in Public Schools Act.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Loss of tax breaks for scholarships
This bill would repeal two federal tax rules that benefit Scholarship Granting Organizations (SGOs) and their donors. If you donated to an SGO, you would lose the federal tax credit for those contributions for tax years ending after December 31, 2026. If you or your child received SGO money, amounts received after December 31, 2026 in taxable years ending after that date would no longer be excluded from gross income. The bill would also remove related entries and references in tax code tables.
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
Sen. Welch, Peter [D-VT]
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
Sen. Schumer, Charles E. [D-NY]
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
Sen. Hickenlooper, John W. [D-CO]
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
Sen. Baldwin, Tammy [D-WI]
WI • D
Sponsored 8/7/2026
Sen. Peters, Gary C. [D-MI]
MI • D
Sponsored 9/22/2026
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov