3.0.0 1732 2022-11-01T06:32:24Z 2022-11-01T06:32:24Z Senate S 2019-06-05 116 ssfi00 Finance Committee Senate Standing Referred to 2019-06-05T20:06:13Z 2019-06-05 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2019-06-05 Introduced in Senate IntroReferral 10000 9 Library of Congress W000779 Sen. Wyden, Ron [D-OR] Ron Wyden D OR N Taxation Accounting and auditing Charitable contributions Education programs funding Family relationships Government information and archives Higher education Income tax deductions Student aid and college costs Tax administration and collection, taxpayers Taxation 00 2019-06-05 Introduced in Senate 2021-01-25T18:56:13Z College Admissions Fairness Act

This bill disallows tax deductions for certain charitable contributions made to an institution of higher education, or associated entity, within a specified period during which a specified family member (e.g. child or grandchild) attends that educational institution.

Specifically, the bill prohibits deductions for certain contributions to universities that do not have policies in place that prohibit as a factor in admissions decisions the consideration of direct or indirect donations from an applicant or family member of an applicant, and the financial ability of an applicant or family member of an applicant to make a donation.

]]> College Admissions Fairness Act Display Title College Admissions Fairness Act Short Title(s) as Introduced College Admissions Fairness Act Introduced in Senate IS Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to provide rules for the disallowance and recapture of certain charitable contributions to colleges and universities, and for other purposes. Introduced in Senate IS Introduced in Senate 2019-06-05T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s1732is/xml/BILLS-116s1732is.xml 2019-06-05 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.