Keep Public Funds in Public Schools Act of 2026
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.
HB9289, also known as the "Keep Public Funds in Public Schools Act of 2026," was introduced on June 11, 2026. This bill seeks to change the tax laws by removing the tax credit for individual contributions to organizations that give scholarships. These scholarships often fund private school tuition, and the bill aims to keep more public money in public schools.
If passed, this bill would primarily affect individuals who contribute to scholarship funds that support private schools, as well as the organizations managing these funds. Public schools would benefit from potentially increased funding, while private schools might face reduced financial support from these scholarships.
Currently, HB9289 has been introduced in the House and referred to the House Committee on Ways and Means. It has not yet been reviewed or voted on by the committee. This bill is still in the early stages of the legislative process.
