School Choice Bill Facts

The House passed a school choice bill this week that I fully supported. The purpose of the bill is to –

  1. Provide tax credits for certain contributions to a nonprofit scholarship funding organization;
  2. Expand educational opportunities for children of families that have limited financial resources or exceptional needs; and
  3. Enable children in this State to achieve a greater level of excellence in their education.

The bill extends the following deductions/credits –

  1. A deduction of up to $2,000 per student to parents who educate their children at home.
  2. A deduction of up to $4,000 per student to parents who educate their children at an independent school.
  3. A deduction of up to $1,000 per student to parents who educate their children in a public school outside of their attendence area.
  4. A tax credit to any individual or corporation who donates funds to a scholarship funding organization. This measue specifically benefits low income and physically challenged students.

 

 

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