District of Columbia College Access Act of 1999

[AI summary unavailable — showing source text] District of Columbia College Access Act - Establishes the District of Columbia College Access Scholarship Program and the District of Columbia College Access Fund out of which the Mayor of the District of Columbia shall award such scholarships. Treats any contribution or gift to or for the use of the Fund as deductible from gross income under the Internal Revenue Code. Provides that: (1) any payment from the Fund shall not be subject to any Federal, State, or local income or gift tax; and (2) the Fund shall be treated as a tax-exempt organization. Sets forth administrative procedures for the Program. Requires the Mayor to award a scholarship for attendance at an eligible institution of higher education located outside the District to each applicant who is a qualified high school graduate and has resided in the District for at least the 12 consecutive months preceding the academic year for which the scholarship is sought. Sets the amount of each scholarship at the difference between the institution's non-resident and resident tuition, with a ratable reduction if the amount available from the Fund for any academic year is not sufficient to pay the scholarship. Allows the Mayor to ent…