Congress·In Committee·S. 4297

Keep Public Funds in Public Schools Act

Sen. Kelly Introduces Keep Public Funds in Public Schools Act to End Private School Tax Credits

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.

28 days ago·View on Congress.gov·Read full text

This bill was introduced in the Senate and is currently being reviewed by the Committee on Finance. No further actions are scheduled at this time. The bill is in the early stages of the legislative process.

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Legislative Progress

Senate

House

President

Law

Unlikely to pass

This bill is supported only by Democrats and faces strong opposition from those who support school choice and private school vouchers.

Key Points

TaxesEducation

Impact Analysis

Personal Impact

Students currently receiving private school scholarships through these organizations could see their funding dry up if donors lose the tax credit incentive. Additionally, scholarship recipients would need to count scholarship money as taxable income, which could reduce the net value of their awards and create new tax burdens for families.

“Part III of subchapter B of chapter 1 of the Internal Revenue Code of 1986 is amended by striking section 139K.”

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Milestones

2 milestones2 actions

Apr 15, 2026Senate

Read twice and referred to the Committee on Finance.

Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.

Apr 15, 2026

Introduced in Senate

The bill was officially filed and given a number. It now enters the legislative queue.

Votes

No votes have been recorded for this legislation yet.

News

The Wall Street Journalunknown

Opinion | When 'School Choice' Is No Choice At All

news_articleunknown

Opinion | Mark Kelly Makes a Bad Education Choice

news_articleunknown

Senate Bill Proposes Rollback Of Federal School Vouchers

news_articleunknown

Playing Politics With Scholarships Fails Families

Source Information

Document Type

Congressional Bill

Official Title

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.

Bill NumberS 4297

Congress119th Congress

ChamberSenate

Latest ActionRead twice and referred to the Committee on Finance.