A bill to amend the Internal Revenue Code of 1954 to encourage the graduation of student athletes by denying the deduction for contributions to athletic departments of schools not meeting certain requirements.
College Athlete Education and Protection Act of 1985 - Amends the Internal Revenue Code to deny the deduction for a charitable contribution to an institution of higher education for use in the athletic program of such institution or to any other organization for use in supporting the athletic program of such institution unless for the 5-calendar-year period ending with the calendar year preceding the calendar year in which the contribution is made at least 75 percent of the scholarship athletes ceasing to be students at such school during such period receive a bachelor's degree after the completion of not more than five academic years.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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