II 

115TH CONGRESS 

1ST SESSION S. 736 

To amend the Internal Revenue Code of 1986 to provide for collegiate housing 

and infrastructure grants. 

IN THE SENATE OF THE UNITED STATES 

MARCH 27, 2017 

Mr. ENZI (for himself, Mr. CARDIN, Mr. CARPER, Mr. RISCH, Mr. WICKER, 

Mr. ISAKSON, Mr. ROBERTS, Mr. BLUNT, and Mr. BOOZMAN) introduced 

the following bill; which was read twice and referred to the Committee 

on Finance 

A BILL 

To amend the Internal Revenue Code of 1986 to provide 

for collegiate housing and infrastructure grants. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Collegiate Housing and 

5 Infrastructure Act of 2017’’. 


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1 SEC. 2. CHARITABLE ORGANIZATIONS PERMITTED TO 

2 MAKE COLLEGIATE HOUSING AND INFRA3 STRUCTURE GRANTS. 

4 (a) IN GENERAL.—Section 501 of the Internal Rev5 enue Code of 1986 (relating to exemption from tax on cor6 porations, certain trusts, etc.) is amended by adding at 

7 the end the following new subsection: 

8 ‘‘(s) TREATMENT OF ORGANIZATIONS MAKING COL9 LEGIATE HOUSING AND INFRASTRUCTURE IMPROVEMENT

10 GRANTS.— 

11 ‘‘(1) IN GENERAL.—For purposes of subsection 

12 (c)(3) and sections 170(c)(2)(B), 2055(a)(2), and 

13 2522(a)(2), an organization shall not fail to be 

14 treated as organized and operated exclusively for 

15 charitable or educational purposes solely because 

16 such organization makes collegiate housing and in17 frastructure grants to an organization described in 

18 subsection (c)(7) which applies the grant to its colle19 giate housing property. 

20 ‘‘(2) HOUSING AND INFRASTRUCTURE

21 GRANTS.—For purposes of paragraph (1), collegiate 

22 housing and infrastructure grants are grants to pro23 vide, improve, operate, or maintain collegiate hous24 ing property that may involve more than incidental 

25 social, recreational, or private purposes, so long as 

26 such grants are for purposes that would be permisVerDate Sep 11 2014 03:48 Mar 29, 2017 Jkt 069200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\S736.IS S736

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1 sible for a dormitory or other residential facility of 

2 the college or university with which the collegiate 

3 housing property is associated. A grant shall not be 

4 treated as a collegiate housing and infrastructure 

5 grant for purposes of paragraph (1) to the extent 

6 that such grant is used to provide physical fitness 

7 facilities. 

8 ‘‘(3) COLLEGIATE HOUSING PROPERTY.—For 

9 purposes of this subsection, collegiate housing prop10 erty is property in which, at the time of a grant or 

11 following the acquisition, lease, construction, or 

12 modification of such property using such grant, sub13 stantially all of the residents are full-time students 

14 at the college or university in the community where 

15 such property is located. 

16 ‘‘(4) GRANTS TO CERTAIN ORGANIZATIONS

17 HOLDING TITLE TO PROPERTY, ETC.—For purposes 

18 of this subsection, a collegiate housing and infra19 structure grant to an organization described in sub20 section (c)(2) or (c)(7) holding title to property ex21 clusively for the benefit of an organization described 

22 in subsection (c)(7) shall be considered a grant to 

23 the organization described in subsection (c)(7) for 

24 whose benefit such property is held.’’. 


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1 (b) EFFECTIVE DATE.—The amendment made by 

2 this section shall apply to grants made in taxable years 

3 ending after the date of the enactment of this Act. 

Æ 


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