S.1732 - College Admissions Fairness Act116th Congress (2019-2020)
|Sponsor:||Sen. Wyden, Ron [D-OR] (Introduced 06/05/2019)|
|Committees:||Senate - Finance|
|Latest Action:||Senate - 06/05/2019 Read twice and referred to the Committee on Finance. (All Actions)|
This bill has the status Introduced
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Summary: S.1732 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in Senate (06/05/2019)
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.