The Furthering Admissions Inclusion and Representation (FAIR) Act of 2025 aims to eliminate donor and legacy preferences in admissions at higher education institutions in the District of Columbia. The bill prohibits the Mayor from issuing or reissuing licenses, permits, or grants to institutions that maintain such preferences. Additionally, it requires these institutions to submit annual reports detailing the admissions and enrollment statistics of District residents and graduates from local education agencies, disaggregated by various demographic factors.

The bill also introduces specific definitions for "donor preference" and "legacy preference" in admissions, and outlines conditions under which institutions may be exempt from these prohibitions, such as providing preferential treatment to descendants of enslaved individuals or demonstrating a significant percentage of students receiving Federal Pell Grants. Furthermore, it mandates that higher education institutions report on their recruitment practices and the value of their tax exemptions in the District, ensuring transparency and accountability in the admissions process.