Synopsis As Introduced Creates the Preferential Admission Ban Act. Prohibits, beginning September 1, 2025, an independent institution of higher education from providing a legacy preference or donor preference in admissions to an applicant as part of the regular or early action admissions process. Provides that, on or before June 30, 2026, and annually thereafter, an independent institution of higher education shall report to the General Assembly and the Office of the Attorney General on whether the independent institution of higher education complied with the provisions of the Act and, if the independent institution of higher education did not comply with the provisions, the independent institution of higher education shall include additional specified information in its report. Requires the Office of the Attorney General to post the names of the independent institutions of higher education that violate the Act on its Internet website by the next fiscal year.