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High-Quality Charter Schools Act

Bill Number
H.R. 2798
Origin Chamber
House
Congress
119th Congress, Session 1
Policy Area
Taxation
Status
Introduced
Latest Action
2025-04-09: Referred to the House Committee on Ways and Means.
Last Updated
2026-06-11T08:07:24Z

AI-Generated Summary

Purpose

The High-Quality Charter Schools Act (H.R. 2798) aims to encourage private donations for starting or growing high-performing charter schools—publicly funded but independently operated schools—by offering a federal tax credit. This incentivizes individual U.S. citizens and residents to contribute cash or marketable securities (like stocks) to qualified nonprofit organizations that manage or run these schools.

Key Provisions

Organizations must maintain separate accounting for these donations, undergo annual audits by an independent certified public accountant (a neutral external auditor not affiliated with the organization), and certify compliance to the IRS.

The IRS must create a real-time tracking system for contributions.

Significant Changes to Existing Law

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Rep. Tenney, Claudia [R-NY-24]

Cosponsors (8)

Rep. Kiley, Kevin [R-CA-3], Rep. Malliotakis, Nicole [R-NY-11], Rep. Owens, Burgess [R-UT-4], Rep. Stefanik, Elise M. [R-NY-21], Rep. Lee, Laurel M. [R-FL-15], Del. Moylan, James C. [R-GU-At Large], Rep. Donalds, Byron [R-FL-19], Rep. Fine, Randy [R-FL-6]

Recent Actions

Bill Versions

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