Mark Kelly (D-AZ)

Keep Public Funds in Public Schools Act

S. 4297 · Senate bill Taxation

A Democratic bill with 33 Democratic cosponsors · See all 35 cosponsors

Last activity — Read twice and referred to the Committee on Finance.

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  1. Introduced
  2. In Committee

What this bill would do

This bill is known as the Keep Public Funds in Public Schools Act. It changes the Internal Revenue Code of 1986. The main goal of the bill is to repeal the tax credit for individual contributions made to scholarship granting organizations. It also repeals the exclusion of certain amounts from gross income. These changes apply to taxable years and amounts received after December 31, 2026.

Yes

  • Scored +1

    Does this reduce what the federal government spends?

    The repeal of tax credits reduces the amount of tax revenue foregone by the federal government.

The opposite· 3 of 4

  • Scored -5

    Does this make it easier to use public money at a school other than the local one?

    The bill limits the ability of individuals to use tax credits to fund scholarships for school choice.

  • Scored -4

    Would students be better off under this?

    The repeal of scholarship tax credits may reduce the availability of scholarship funds for students.

  • Scored -3

    Would high-income households be better off under this?

    High-income households lose the ability to utilize specific tax credits and exclusions related to scholarship contributions.