POLITICSTHE 74
Opinion: Want Federal Tax Credit Money for Public Schools? Here’s What to Do Now
A new federal scholarship tax credit program allows taxpayers to direct $1,700 annually to fund scholarships for public school students. Edunomics Lab proposes districts offer a service bundle (e.g., field trips, tutoring) funded by scholarships from withheld taxes, with employers facilitating payroll deductions to support participation. States must opt in by December 31 and identify qualified scholarship-granting organizations (SGOs) to deliver funds.
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Adjacent reporting
- ‘A Sea Change’: Public School Supporters See Potential in New Tax Credit
- Why a new federal school choice program may require a massive marketing budget
- Public dollars belong in public schools
- Treasury Department preview of tax credit scholarship rules suggests limited role for states
- Some Pa. private education leaders join GOP push for the state to join federal school choice program