Repeals the tax credit for contributions to scholarship granting organizations to ensure public funds remain in public schools.
The Keep Public Funds in Public Schools Act seeks to amend the Internal Revenue Code by repealing the tax credit for contributions to scholarship granting organizations. This change aims to ensure that public funds are directed towards public schools rather than private education options. The amendments will apply to taxable years ending after December 31, 2026.
The filed bill text is too short for analysis.