II 

112TH CONGRESS 

1ST SESSION S. 705 

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

and infrastructure grants. 

IN THE SENATE OF THE UNITED STATES 

MARCH 31, 2011 

Mr. CARPER (for himself, Mr. ENZI, Mr. CARDIN, Ms. LANDRIEU, Mr. LUGAR, 

Mr. MENENDEZ, and Mr. ROBERTS) 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 2011’’. 

6 SEC. 2. CHARITABLE ORGANIZATIONS PERMITTED TO 

7 MAKE COLLEGIATE HOUSING AND INFRA8 STRUCTURE GRANTS. 

9 (a) IN GENERAL.—Section 501 of the Internal Rev10 enue Code of 1986 (relating to exemption from tax on corVerDate Mar 15 2010 06:14 Apr 01, 2011 Jkt 099200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\S705.IS S705

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1 porations, certain trusts, etc.) is amended by redesig2 nating subsection (s) as subsection (t) and by inserting 

3 after subsection (r) the following new subsection: 

4 ‘‘(s) TREATMENT OF ORGANIZATIONS MAKING COL5 LEGIATE HOUSING AND INFRASTRUCTURE IMPROVEMENT

6 GRANTS.— 

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

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

9 2522(a)(2), an organization shall not fail to be 

10 treated as organized and operated exclusively for 

11 charitable or educational purposes solely because 

12 such organization makes collegiate housing and in13 frastructure grants to an organization described in 

14 subsection (c)(7) which applies the grant to its colle15 giate housing property. 

16 ‘‘(2) HOUSING AND INFRASTRUCTURE

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

18 housing and infrastructure grants are grants to pro19 vide, improve, operate, or maintain collegiate hous20 ing property that may involve more than incidental 

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

22 such grants are for purposes that would be permis23 sible for a dormitory or other residential facility of 

24 the college or university with which the collegiate 

25 housing property is associated. A grant shall not be 


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1 treated as a collegiate housing and infrastructure 

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

3 that such grant is used to provide physical fitness 

4 facilities. 

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

6 purposes of this subsection, collegiate housing prop7 erty is property in which, at the time of a grant or 

8 following the acquisition, lease, construction, or 

9 modification of such property using such grant, sub10 stantially all of the residents are full-time students 

11 at the college or university in the community where 

12 such property is located. 

13 ‘‘(4) GRANTS TO CERTAIN ORGANIZATIONS

14 HOLDING TITLE TO PROPERTY, ETC.—For purposes 

15 of this subsection, a collegiate housing and infra16 structure grant to an organization described in sub17 section (c)(2) or (c)(7) holding title to property ex18 clusively for the benefit of an organization described 

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

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

21 whose benefit such property is held.’’. 

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

23 this section shall apply to grants made in taxable years 

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

Æ 


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