Bill · S. 4297· Senate(119-S-4297)

Keep Public Funds in Public Schools Act

Age: 62 years

Arizona

Introduced: 4/15/2026
Last activity: 4/15/2026 — Read twice and referred to the Committee on Finance.
Sponsored by: Mark Kelly
Cosponsors: - 33 - 0

Taxation

Introduced
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

Does this reduce what the federal government spends?+1
The repeal of tax credits reduces the amount of tax revenue foregone by the federal government.

The opposite· 3 of 4

Does this make it easier to use public money at a school other than the local one?-5
The bill limits the ability of individuals to use tax credits to fund scholarships for school choice.
Would students be better off under this?-4
The repeal of scholarship tax credits may reduce the availability of scholarship funds for students.
Would high-income households be better off under this?-3
High-income households lose the ability to utilize specific tax credits and exclusions related to scholarship contributions.