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Tax Credits for Charter School Donations: New Rules for Donors.

This new law introduces a tax credit for individuals who donate to the creation or expansion of charter schools. Citizens can deduct 75% of their donation from their taxes, aiming to encourage support for these educational institutions. The law also sets out the criteria schools must meet to qualify for such donations and the limits on the credits.
Key points
Ability to deduct 75% of donations to charter schools from taxes, up to 10% of adjusted gross income or $5,000.
Donations must be for the creation or expansion of qualifying high-quality charter schools.
An annual cap of $5 billion in tax credits is established, allocated to states and nationwide.
Charter schools receiving donations must spend them within a set timeframe, with a portion allowed to be carried over.
The act aims to increase the autonomy of charter schools from governmental control.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_2798
Sponsor: Rep. Tenney, Claudia [R-NY-24]
Process start date: 2025-04-09
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

High-Quality Charter Schools Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_2798.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-04-09.

What are the main provisions?

Key points include:

  • Ability to deduct 75% of donations to charter schools from taxes, up to 10% of adjusted gross income or $5,000.
  • Donations must be for the creation or expansion of qualifying high-quality charter schools.
  • An annual cap of $5 billion in tax credits is established, allocated to states and nationwide.
  • Charter schools receiving donations must spend them within a set timeframe, with a portion allowed to be carried over.
  • The act aims to increase the autonomy of charter schools from governmental control.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Tenney, Claudia [R-NY-24].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

CATEGORIES

Taxes Education