,i #aae? ,,congress #a/ ,session ,h4 ,r4 #abjj ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,febru>y #ag1 #bjag,mr4 ,sessions 7= himself1 ,mr4 ,amodei1 ,mrs4 ,brooks ( ,indiana1 ,mr4 ,buc%on1 ,mr4 ,c>t] ( ,georgia1 ,ms4 ,cl>ke ( ,new ,york1 ,mr4 ,cole1 ,mr4 ,ellison1 ,mr4 ,f>5?old1 ,mr4 ,g>am5di1 ,mr4 ,hill1 ,ms4 ,j5k9s ( ,kansas1 ,mr4 ,kelly ( ,p5nsylvania1 ,mr4 ,loebsack1 ,mr4 ,long1 ,mr4 ,mc,nerney1 ,mr4 ,mull91 ,mr4 ,poe ( ,texas1 ,mr4 ,price ( ,nor? ,c>ol9a1 ,mr4 ,ryan ( ,ohio1 ,mr4 ,?ompson ( ,p5nsylvania1 ,mr4 ,turn]1 ,mr4 ,veasey1 ,mr4 ,williams1 ,ms4 ,wilson ( ,florida1 ,mr4 ,yoho1 & ,mr4 ,"y ( ,alaska7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means ,a ,,bill ,to am5d ! ,int]nal ,rev5ue ,code ( #aihf to provide = collegiate h\s+ & infra/ructure grants4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,collegiate ,h\s+ & ,infra/ructure ,act ( #bjag4 #b4 ,*>itable organizations p]mitt$ to make collegiate h\s+ & infra/ructure grants 7a7 ,9 g5]al ,section #eja ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+ new subsection3 7s7 ,treatm5t ( organizations mak+ collegiate h\s+ & infra/ructure improvem5t grants 7#a7 ,9 g5]al ,= purposes ( subsection 7c77#c7 & sections #agj7;c77#b77;,b71 #bjee7;a77#b71 & #bebb7;a77#b71 an organization %all n fail to be treat$ z organiz$ & op]at$ exclusively = *>itable or educational purposes solely because su* organization makes collegiate h\s+ & infra/ructure grants to an organization describ$ 9 subsection 7c77#g7 :i* applies ! grant to its collegiate h\s+ prop]ty4 7#b7 ,h\s+ & infra/ructure grants ,= purposes ( p>agraph 7#a71 collegiate h\s+ & infra/ructure grants are grants to provide1 improve1 op]ate1 or ma9ta9 collegiate h\s+ prop]ty t may involve m ?an incid5tal social1 recreational1 or private purposes1 s long z su* grants are = purposes t w\ld be p]missible = a dormitory or o!r resid5tial facility ( ! college or univ]sity ) :i* ! collegiate h\s+ prop]ty is associat$4 ,a grant %all n be treat$ z a collegiate h\s+ & infra/ructure grant = purposes ( p>agraph 7#a7 to ! ext5t t su* grant is us$ to provide physical fitness facilities4 7#c7 ,collegiate h\s+ prop]ty ,= purposes ( ?is subsection1 collegiate h\s+ prop]ty is prop]ty 9 :i*1 at ! "t ( a grant or foll[+ ! acquisition1 lease1 con/ruction1 or modification ( su* prop]ty us+ su* grant1 sub/antially all ( ! resid5ts are full-"t /ud5ts at ! college or univ]sity 9 ! community :]e su* prop]ty is locat$4 7#d7 ,grants to c]ta9 organizations hold+ title to prop]ty1 etc ,= purposes ( ?is subsection1 a collegiate h\s+ & infra/ructure grant to an organization describ$ 9 subsection 7c77#b7 or 7c77#g7 hold+ title to prop]ty exclusively = ! b5efit ( an organization describ$ 9 subsection 7c77#g7 %all be consid]$ a grant to ! organization describ$ 9 subsection 7c77#g7 = ^: b5efit su* prop]ty is held4 4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to grants made 9 taxable ye>s end+ aft] ! date ( ! enactm5t ( ?is ,act4