Keep Public Funds in Public Schools Act of 2026

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 9289 Introduced in House (IH)]

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119th CONGRESS
  2d Session
                                H. R. 9289

To amend the Internal Revenue Code of 1986 to repeal the tax credit for
contributions of individuals to scholarship granting organizations, and
                          for other purposes.

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                             June 11, 2026

  Ms. Moore of Wisconsin (for herself, Ms. Bonamici, Mr. Frost, Mrs.
   Grijalva, Mr. Pocan, Mr. Thompson of California, Mr. Doggett, Mr.
Larson of Connecticut, Mr. Davis of Illinois, Ms. Sewell, Ms. DelBene,
 Ms. Chu, Mr. Beyer, Mr. Scott of Virginia, Ms. Ansari, Ms. Brownley,
Ms. Budzinski, Ms. Bynum, Mr. Carson, Mr. Casar, Ms. Castor of Florida,
Ms. Clarke of New York, Mr. Cleaver, Mr. Clyburn, Mr. Cohen, Ms. Craig,
Ms. DeGette, Ms. DeLauro, Mr. DeSaulnier, Ms. Dexter, Mrs. Dingell, Ms.
   Escobar, Mr. Figures, Mrs. Foushee, Mr. Garamendi, Mr. Garcia of
Illinois, Ms. Garcia of Texas, Mrs. Hayes, Ms. Norton, Mr. Huffman, Mr.
Ivey, Mr. Jackson of Illinois, Ms. Jayapal, Mr. Johnson of Georgia, Ms.
     Kelly of Illinois, Mr. Khanna, Mr. Krishnamoorthi, Ms. Lee of
 Pennsylvania, Mr. Mannion, Ms. Matsui, Mrs. McBath, Ms. McBride, Ms.
    McCollum, Mr. McGovern, Mrs. McIver, Mr. Menefee, Ms. Omar, Ms.
    Pingree, Mr. Quigley, Mr. Raskin, Ms. Salinas, Ms. Scanlon, Ms.
    Schakowsky, Ms. Simon, Mr. Stanton, Mr. Takano, Mr. Thompson of
   Mississippi, Ms. Tlaib, Ms. Tokuda, Mr. Tonko, Ms. Underwood, Ms.
Wasserman Schultz, Ms. Williams of Georgia, Ms. Wilson of Florida, Ms.
  Sanchez, and Mr. Moulton) introduced the following bill; which was
              referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL

To amend the Internal Revenue Code of 1986 to repeal the tax credit for
contributions of individuals to scholarship granting organizations, and
                          for other purposes.

    Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Keep Public Funds in Public Schools
Act of 2026''.

SEC. 2. REPEAL OF TAX CREDIT FOR CONTRIBUTIONS TO SCHOLARSHIP GRANTING
              ORGANIZATIONS.

    (a) Tax Credit.--
            (1) In general.--Subpart A of part IV of subchapter A of
        chapter 1 of the Internal Revenue Code of 1986 is amended by
        striking section 25F.
            (2) Conforming amendments.--
                    (A) Section 25(e)(1)(C) of such Code is amended by
                striking ``25D, and 25F'' and inserting ``and 25D''.
                    (B) The table of sections for subpart A of part IV
                of subchapter A of chapter 1 of such Code is amended by
                striking the item relating to section 25F.
    (b) Exclusion From Gross Income.--
            (1) In general.--Part III of subchapter B of chapter 1 of
        the Internal Revenue Code of 1986 is amended by striking
        section 139K.
            (2) Conforming amendment.--The table of sections for part
        III of subchapter B of chapter 1 of such Code is amended by
        striking the item relating to section 139K.
    (c) Effective Date.--
            (1) In general.--Except as otherwise provided in this
        subsection, the amendments made by this section shall apply to
        taxable years ending after December 31, 2026.
            (2) Exclusion from gross income.--The amendments made by
        subsection (b) shall apply to amounts received after December
        31, 2026, in taxable years ending after such date.
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