summary
Introduced
03/27/2017
03/27/2017
In Committee
03/27/2017
03/27/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
Collegiate Housing and Infrastructure Act of 2017 This bill amends the Internal Revenue Code to allow tax-exempt charitable or educational organizations to make collegiate housing and infrastructure grants to certain tax-exempt social clubs (e.g., college fraternities and sororities) which apply such grants to their collegiate housing property. A "collegiate housing and infrastructure grant" is a grant to provide, improve, operate, or maintain collegiate housing property that may involve more than incidental social, recreational, or private purposes. The grant must be for purposes that would be permissible for a dormitory or other residential facility of the college or university with which the collegiate housing property is associated. The grant may not be used to provide physical fitness facilities.
AI Summary
This bill amends the Internal Revenue Code to allow tax-exempt charitable or educational organizations to make collegiate housing and infrastructure grants to certain tax-exempt social clubs, such as college fraternities and sororities. These grants can be used to provide, improve, operate, or maintain collegiate housing property, as long as the purpose is similar to that of a dormitory or other residential facility of the associated college or university. The grants cannot be used to provide physical fitness facilities. The amendment applies to grants made in taxable years ending after the date of the bill's enactment.
Committee Categories
Budget and Finance
Sponsors (12)
Michael Enzi (R)*,
Roy Blunt (R),
John Boozman (R),
Shelley Moore Capito (R),
Ben Cardin (D),
Tom Carper (D),
Joe Donnelly (D),
Johnny Isakson (R),
Jerry Moran (R),
Jim Risch (R),
Pat Roberts (R),
Roger Wicker (R),
Last Action
Read twice and referred to the Committee on Finance. (on 03/27/2017)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/115th-congress/senate-bill/736/all-info |
| BillText | https://www.congress.gov/115/bills/s736/BILLS-115s736is.pdf |
| Bill | https://www.congress.gov/115/bills/s736/BILLS-115s736is.pdf.pdf |
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