Treasury Proposes Sweeping New Tax-Exempt Rules for Private Schools and Universities

Administration Seeks to Condition Tax-Exempt Status on Race-Neutral Admissions, Scholarships, and Educational Policies The U.S. Department of the Treasury and Internal Revenue Service (IRS) issued proposed regulations on September 3, 2026, that would deny or revoke federal tax-exempt status for private educational institutions that engage in racial discrimination in admissions, scholarships, financial aid, athletics, or […]