DOCSLIB.ORG

Parental Choice Programs by State

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Parental Choice Programs by State Parental Choice Programs by State STATE NAME OF PROGRAM TYPE OF PROGRAM HELPFUL WEBSITES ALABAMA Alabama Education Scholarship Program Tax-credit scholarships https://revenue.alabama.gov/legal/alabama- accountability-act/ Alabama Accountability Act of 2013: Parent- Refundable tax credit for https://revenue.alabama.gov/legal/alabama- accountability-act/ Taxpayer Refundable Tax Credits educational expenses ARIZONA Arizona Original Individual Income Tax Credit Individuals tax credits for donations https://catholiceducationarizona.org/ Scholarship Program to scholarship organizations Arizona Low-Income Corporate Income Tax Corporate tax credits scholarships https://catholiceducationarizona.org/ Credit Scholarship Program Arizona Lexie’s Law for Disabled and Displaced Scholarship – disabilities https://catholiceducationarizona.org/ Students Tax Credit Scholarship Program Arizona Empowerment Scholarship Accounts Education savings accounts https://www.azed.gov/esa Arizona “Switcher” Individual Income Tax Credit Tax credits scholarships https://catholiceducationarizona.org/ Scholarship Program ARKANSAS Arkansas – Succeed Scholarship Program for Voucher https://dese.ade.arkansas.gov/Offices/special- education/policy-regulations/succeed-scholarship Students with Disabilities DISTRICT OF District of Columbia Opportunity Scholarship Federally-funded scholarships https://servingourchildrendc.org/ COLUMBIA Program FLORIDA Florida Tax Credit Scholarship Program Tax credit scholarships http://www.fldoe.org/schools/school-choice/k-12- scholarship-programs/ftc/ Florida John M. McKay Scholarships for Students Voucher – disabilities http://www.fldoe.org/schools/school-choice/k-12- scholarship-programs/mckay/ with Disabilities Program Florida Gardiner Scholarship Program Education savings accounts http://www.fldoe.org/schools/school-choice/k-12- scholarship-programs/gardiner/ FLORIDA Hope Scholarship Program http://www.fldoe.org/schools/school-choice/k-12- scholarship-programs/hope/ CONT. Opportunity Scholarship Program http://www.fldoe.org/schools/school-choice/k-12- scholarship-programs/osp/ Family Empowerment Scholarship http://www.fldoe.org/schools/school-choice/k-12- scholarship-programs/fes/index.stml GEORGIA Georgia Special Needs Scholarship Program Voucher https://www.gadoe.org/External-Affairs-and- Policy/Policy/Pages/Special-Needs-Scholarship- Program.aspx Georgia Qualified Education Expense Tax Credit Tax credit scholarship transfer from https://www.gadoe.org/External-Affairs-and- Policy/Policy/Pages/Tax-Credit-Program.aspx public school IOWA Iowa Tuition and Textbook Tax Credit Parents’ tax credit for educational https://www.iowaace.org/tuition-and-textbook-tax- credit/ expenses Iowa School Tuition Organization Tax Credit Tax credit scholarships – individual https://www.iowaace.org/educational-opportunities-act/ and corporate ILLINOIS Illinois Tax Credits for Educational Expenses Individual tax credit https://schools.archchicago.org/applying-for-a-tax- credit-scholarship INDIANA Indiana Private School/Homeschool Deduction Individual tax deduction for https://www.in.gov/dor/individual-income-taxes/filing- my-taxes/indiana-deductions-from-income/ education expenses Indiana Choice Scholarship Program Voucher https://www.doe.in.gov/choice Indiana School Scholarship Tax Credit Individual/corporate tax credit for https://www.doe.in.gov/choice/school-scholarships donations KANSAS Kansas Tax Credit for Low Income Students Tax credit scholarship https://www.ksde.org/tax-credit-for-low-income- students-scholarship-program Scholarship Program LOUSIANNA Louisiana Elementary and Secondary School Individual tax deductions for https://revenue.louisiana.gov/IndividualIncomeTax/Sch oolExpenseDeduction Tuition Deductions education expenses Louisiana Scholarship Program Voucher https://www.louisianabelieves.com/schools/louisiana- scholarship-program LOUSIANNA Louisiana School Choice Program for Certain Voucher – disabilities https://www.louisianabelieves.com/schools/school- choice-for-students-with-disabilities CONT. Students with Exceptionalities Louisiana Tuition Donation Rebate Program Tax credit scholarship https://www.louisianabelieves.com/schools/tuition- donation-credit-program MARYLAND Maryland – Broadening Options and Voucher https://www.marylandboost.org/ Opportunities for Students Today (BOOST) Program MAINE Maine – Town Tuitioning Program Voucher – but not for use in faith- https://graniteinstitute.org/tuitioning based schools MINNESOTA Minnesota K–12 Education Credit Individual tax credit for education https://www.revenue.state.mn.us/k-12-education- subtraction-and-credit expenses(non-tuition) Minnesota Education Deduction Individual deductions https://www.revenue.state.mn.us/k-12-education- subtraction-and-credit MISSISSIPPI Mississippi Dyslexia Therapy Scholarship for Voucher – disabilities https://www.mdek12.org/OAE/OEER/Dyslexia Students with Dyslexia Program Mississippi Nate Rogers Scholarship for Students Voucher – speech-language https://www.mdek12.org/OSE/funding/special- education-speech-language-therapy-scholarship with Disabilities Program therapy Mississippi Equal Opportunity for Students with Education savings accounts - https://www.mdek12.org/OSE/ESA Special Needs Program disabilities NORTH North Carolina Opportunity Scholarships Voucher https://www.ncseaa.edu/k12/opportunity/ CAROLINA North Carolina Special Education Scholarship Voucher – special education Grants for Children with Disabilities NEVADA Nevada Educational Choice Scholarship Program Tax credit scholarship https://doe.nv.gov/Private_Schools/Nevada_Choice_S cholarship_Program/ Nevada Education Savings Accounts Education savings accounts OHIO Ohio Cleveland Scholarship Program Voucher – Cleveland http://education.ohio.gov/Topics/Other- Resources/Scholarships/Cleveland-Scholarship- Tutoring-Program Ohio Autism Scholarship Program Voucher – state-wide http://education.ohio.gov/Topics/Other- Resources/Scholarships/Autism-Scholarship-Program Ohio Educational Choice Scholarship Program Vouchers: students assigned to http://education.ohio.gov/Topics/Other- Resources/Scholarships/EdChoice-Scholarship- under-performing public schools Program Ohio Jon Peterson Special Needs Scholarship Voucher – special needs http://education.ohio.gov/Topics/Other- Resources/Scholarships/Special-Needs-Scholarship Program Ohio Income-Based Scholarship Program Voucher – low-income http://education.ohio.gov/Topics/Other- Resources/Scholarships/Ohio-Scholarship-Providers- Interactive-Directory OKLAHOMA Oklahoma Equal Opportunity Education Tax credit scholarship https://archokc.org/tcs-apply Scholarships PENNSYLVANIA Pennsylvania Opportunity Scholarship Tax Credit Corporate tax credit scholarship https://www.pacatholic.org/current_issues/school- choice/ Program Pennsylvania Educational Improvement Tax Scholarships for students in low https://www.pacatholic.org/current_issues/school- choice/ Credit Program achieving zones RHODE ISLAND Rhode Island Tax Credits for Contributions to Corporate tax credit scholarship http://rischolarshipalliance.org/sgos/ Scholarship Organizations SOUTH South Carolina Educational Credit for Exceptional Tax credit scholarship –special https://dor.sc.gov/exceptional-sc CAROLINA Needs Children needs South Carolina Refundable Educational Credit for Refundable tax credit for https://dor.sc.gov/exceptional-sc Exceptional Needs Children parents/guardians SOUTH South Dakota Partners in Education Tax Credit Tax credit scholarships https://sdpartnersinedu.org/ DAKOTA Program TENNESSEE Tennessee Individualized Education Account Education savings accounts special https://www.tn.gov/education/iea.html Program needs students UTAH Utah Carson Smith Special Needs Scholarship Voucher – special needs https://www.schools.utah.gov/specialeducation/progra ms/carsonsmithscholarship VIRGINIA Virginia Education Improvement Scholarships Tax credit scholarships https://www.doe.virginia.gov/school_finance/scholarshi ps_tax_credits/ Tax Credits Program VERMONT Vermont Town Tuitioning Program Voucher – not faith-based schools https://graniteinstitute.org/tuitioning WISCONSIN Wisconsin Parental Choice Program (Statewide) Voucher https://dpi.wi.gov/parental-education-options/choice- programs/student-applications Wisconsin Milwaukee Parental Choice Program Voucher – low-income https://dpi.wi.gov/parental-education-options/choice- programs/student-applications Wisconsin Parental Private School Choice Voucher https://dpi.wi.gov/parental-education-options/choice- programs/student-applications Program (Racine) Wisconsin – K–12 Private School Tuition Individual tax deduction for https://dpi.wi.gov/parental-education-options/choice- programs/student-applications Deduction education expenses Wisconsin – Special Needs Scholarship Program Special needs vouchers https://dpi.wi.gov/parental-education-options/choice- programs/student-applications.
Load more

Recommended publications
  • Requirements for Students and Donors Participating in State Tax Credit Scholarship Programs
    United States Government Accountability Office Report to Congressional Requesters September 2018 PRIVATE SCHOOL CHOICE Requirements for Students and Donors Participating in State Tax Credit Scholarship Programs GAO-18-679 September 2018 PRIVATE SCHOOL CHOICE Requirements for Students and Donors Participating in State Tax Credit Scholarship Programs Highlights of GAO-18-679, a report to congressional requesters Why GAO Did This Study What GAO Found TCS programs offer state tax credits to In 2018, there were 22 tax credit scholarship (TCS) programs authorized across individuals or businesses that donate 18 states, which provide state tax credits for individual and business donations to scholarship funds for students to that fund scholarships for students to attend elementary and secondary private attend private elementary and schools (see figure). secondary schools. Through these credits, donors may reduce the amount Tax Credit Scholarship Programs by State, Authorized as of January 2018 they owe in state taxes by the full or a partial amount of their donation, depending on each program’s rules. Designing a TCS program requires that many decisions be made, such as which students will be eligible to receive scholarships and the effect donations will have on donors’ state taxes. GAO was asked to review key characteristics of TCS programs. This report examines (1) state TCS programs’ policies regarding student eligibility and scholarship awards, and (2) how donating to a TCS program could affect the amount of state and federal taxes owed by donors. Note: Each state has one program, except for Pennsylvania and Arizona, which have two and four programs, respectively. Alaska and For both objectives, GAO reviewed Hawaii are not included in the map because neither has a program.
    [Show full text]
  • Scholarship Tax Credits Enrollment Limits STATE Arrow Upward
    Scholarship Tax Credits Enrollment limits March 2021 STATE arrow_upward Program Name Enrollment limits Alabama Educational Scholarship No. Arizona Credit for Contributions to School Tuition Organization No. Credit for Contributions to School Tuition Organization; displaced No. students; students with disabilities Premium tax credit for contributions to school tuition organization; No. low-income scholarships Florida Florida Tax Credit Scholarship Program No. The Hope Scholarship Program Funds are distributed on a first-come first-serve basis until funds are depleted. Georgia Georgia Tax Credit Program No. Illinois Invest in Kids No. Page 1 of 3 STATE arrow_upward Program Name Enrollment limits Indiana School Scholarship Tax Credit No. Iowa School Tuition Organization Tax Credit No. Kansas Tax Credit for Low Income Students Scholarship Program N/A Kentucky Education Opportunity Account Program No. Louisiana Tuition Donation Rebate Program No. However, if more first-time qualified students who are otherwise eligible apply than there are seats available, qualified schools must conduct a random selection process that preferences: - Siblings of students already enrolled in the qualified school. - Qualifying students who had previously enrolled at a different qualified school and who are otherwise eligible. - Qualified students from public schools that received a letter grade “F” or “D” or any variation thereof shall be given the first priority. Montana Tax Credits for Contributions to Student Scholarship Organizations No. However, tax credit scholarship awards cannot exceed $3 million beginning in 2017. The department may increase the limit by 10% each year at their discretion. Nevada Nevada Educational Choice Scholarship Program No. New Hampshire Education Tax Credit Program No. However, aggregate tax credits shall not exceed $5,100,000 for a program year.
    [Show full text]
  • Tax Credit School Scholarship Plans
    Tax Credit School Scholarship Plans Stephen D. Sugarman* I. OVERVIEW: HELPING LOWER INCOME FAMILIES CHOOSE PRIVATE K-12 SCHOOLS FOR THEIR CHILDREN BY GIVING OTHER TAXPAYERS TAX CREDITS In recent years, a number of cities and states (and even the federal government with respect to the District of Columbia) have embraced new ways of funding the private elementary and secondary education of children from low and modest income families. 1 These new mechanisms enable some parents, who would otherwise have their children attend public schools, to send their children to a private school of the family's choosing.~ At present, most of the private schools that these families select are religious schools, although that may change if new secular pri­ vate schools are created in response to these plans, and in any event fam­ ilies participating in these plans are not legally restricted to religious school choices. Although "school vouchers" are the most widely discussed of these mechanisms, this article focuses on a newer innovative plan that relies on state "tax credits" that fund "scholarships."3 This tax credit approach is most prominently in place in Arizona4 which first embraced this strat- * Roger J. Traynor Professor of Law. UC Berkeley Law School. Many thanks to Libby Hadzima for enormously helpful research assistance. 1. See generally Bruno V. Manno, School Choice: Today's Scope and Barriers to Growth, 4 J. SCH. CHOICE 510 (2010); John MeLTifield, The Twelve Policy Approaches to Increased School Choice, 2 J. SCH. CHOICE_6 (2008). 2. See, e.g., JOHN E. COONS & STEPHEN D. SUGARMAN , EDUCATION Bv CHOICE: T1-1E CASE FOR FAMILY CONTROL ( 1978) (advocating in favor of extending private school choice to lower income families through government funding) .
    [Show full text]
  • KANSAS TAX CREDIT SCHOLARSHIP House K-12 Education Budget Committee
    KANSAS TAX CREDIT SCHOLARSHIP House K-12 Education Budget Committee January 20, 2021 History • Full title: Tax Credit for Low Income Students Scholarship Program • Provides scholarships to some students to attend nonpublic schools • Scholarships are funded by tax credit eligible donations • Enacted by 2014 Senate Sub. for HB 2506 • Amended by: • 2015 Senate Sub. for HB 2109 • 2017 SB 19 • 2019 House Sub. for SB 16 • Statute: KSA 2020 Supp 72-4351 through 72-4357 Student Eligibility To qualify a student must: • Be defined as an at-risk student under KSEEA (KSA 72-5132) • At-risk students are those that qualify for free lunch • Includes students who have been eligible under the program that have not graduated high school or reached 21 years of age • Reside in Kansas; and • Be enrolled in a public school identified by the State Board as one of the lowest 100 performing, or eligible to be enrolled and be under the age of 6. “Qualified School” • Nonpublic school that desires participation and receives students with the scholarships • The school must: • Notify the State Board; and • Be accredited by the State Board or a national or regional accrediting agency recognized by the State Board Tax Credit Eligibility • Income tax: individuals and corporations • Privilege tax: National banking associations, state banks, trust companies, or savings and loan associations • Premiums tax and privilege fees: Insurance companies • Tax credit = 70% of donation to scholarship granting organization Max: $500,000 per tax year • Excess tax credits roll over to
    [Show full text]
  • A Winn for Educational Pluralism
    B.19.DOC 5/24/2011 2:27:17 PM NICOLE STELLE GARNETT A Winn for Educational Pluralism Over the past decade, scholarship tax credit programs, like the one at issue in Arizona Christian School Tuition Organization v. Winn,1 have emerged as a popular education policy tool. While details vary by state, scholarship tax credit programs allow individuals or corporations (and in some cases, including Arizona, both) to receive a state income tax credit for donations to charitable organizations—called “scholarship tuition organizations” in Arizona—that provide scholarships for children to attend private schools. Currently, seven states—Arizona, Florida, Georgia, Indiana, Iowa, Pennsylvania, and Rhode Island—have such programs in place. During the 2010-2011 school year, the scholarship organizations participating in these programs awarded nearly $290 million through over 123,000 scholarships.2 With two exceptions, scholarship tax credit programs exclusively target low-to-moderate-income students. For example, in Florida—the state with the largest scholarship tax credit program in the nation—eligibility is limited to students qualifying for free or reduced- price lunches, and scholarships are disproportionately awarded to Latino and African-American students.3 And the most recent evidence suggests that even the non-means-tested tax credit program at issue in Winn—Arizona’s individual scholarship tax credit program—disproportionately benefits low- 1. 131 S. Ct. 1436 (2011). 2. ALLIANCE FOR SCH. CHOICE, HOPE FOR AMERICA’S CHILDREN: SCHOOL CHOICE YEARBOOK 2010-11, at 12 (2010), available at http://www.allianceforschoolchoice.org/UploadedFiles/ Home/School%20Choice%20Yearbook%202010-11.pdf. 3. FLA. OFFICE OF INDEP.
    [Show full text]
  • Iowa Fund of Funds – Contingent Venture Capital Tax Credits
    Angela Gullickson Tax Research and Program Analysis Section Iowa Department of Revenue The Iowa School Tuition Organization (STO) Tax Credit was enacted in tax year 2006. The nonrefundable tax credit is awarded to taxpayers who make voluntary cash contributions to a qualifying school tuition organization that provides scholarships to low-income students. $2.5 million for tax year 2006 $5.0 million for tax year 2007 $7.5 million for tax years 2008 through 2011 $8.75 million for tax year 2012 and subsequent tax years There are eleven states that currently have some type of scholarship tax credit program. ◦ Largest capped program is in Florida Annual cap of $229 million in FY 2013, where credit is equal to 100% of eligible contribution None of Iowa’s neighboring states offer a school tuition scholarship tax credit. Only two states have credit rates that are less than Iowa’s 65 percent credit. ◦ Indiana and Oklahoma Number of Smallest Largest Average Median Year of Tax Credit Total Issued Awards Award Award Award Award Award Issued Issued Issued Issued Issued 2006 $2,499,904 1,125 $13 $113,750 $2,222 $650 2007 $4,886,880 1,850 $10 $97,500 $2,642 $650 2008 $6,200,378 2,830 $12 $97,500 $2,191 $650 2009 $7,402,020 3,160 $13 $124,865 $2,342 $650 2010 $7,499,992 3,029 $5 $113,750 $2,476 $650 2011 $7,499,413 2,835 $10 $325,000 $2,645 $650 Total $35,988,586 14,829 $5 $325,000 $2,427 $650 The average award for the last six years was $2,427 and the median award was $650.
    [Show full text]
  • Education Tax Credits in North Carolina Innovation in Education
    Education Tax Credits in North Carolina Innovation in Education A POLICY REPORT BY THE NORTH CAROLINA EDUCATION ALLIANCE Table of Contents 1 Executive Summary 2 Chapter 1: A What Are Education Tax Credits? 4 Chapter 2: Constitutionality of Tax Credits 7 Chapter 3: How Do Tax Credits Save States Millions? 9 Chapter 4: Tax Incentives in North Carolina 11 Chapter 5: Tax Incentives Around the Nation 20 Chapter 6: How Will a Tax Credit Impact Independent Schools in North Carolina? 21 Chapter 7: Frequently Asked Questions 22 Conclusion 23 Resources education tax credits Executive Summary For North Carolina, education tax credits provide a % Family education tax deductions or credits enable parents solution to the problem of low achievement and to receive a deduction or credit against their state income limited school options. More than two-thirds of the state’s taxes for a portion of their children’s education expenses. fourth graders are not reading at grade level, according to Depending on state law, allowable expenses can include federal government statistics.1 Among fourth graders from tuition and fees, as well as books, tutoring, and education low-income families, a mere 16 percent are proficient in technology, thereby providing benefits to public school reading. Over half score below the “basic” level, meaning and home schooling parents. they can barely read at all. Even a quarter of students from % Philanthropy education tax credits provide income tax middle- and upper-income families have the same difficulties credits for individuals or businesses that donate to schol- with language.2 arship organizations that, in turn, give scholarships to Many struggling students attend poor-performing schools – low- income students to attend a school of choice.
    [Show full text]
  • A Guide to Raising Tax Credit Donations
    A GUIDE TO RAISING TAX CREDIT DONATIONS REVISED JUNE ‘14 NOTICE: A school tuition organization cannot award, restrict, or reserve scholarships only on the basis of a donor’s recommendation. A taxpayer may not claim a tax credit if the taxpayer agrees to swap donations with another taxpayer to benefit either taxpayer’s own dependent. A.R.S. 43-1603 (C). Any designation of your own dependent as a potential recipient is prohibited. Copyright © Arizona Christian School Tuition Organization, Inc. June 2014 FOREWORD *NOTE: As of 11/14/16, ACSTO is in the process of writing ACSTO 101, version 2.0. Due to updates in Arizona Department of Revenue regulations, as well as ACSTO policies, some of the information previously contained in ACSTO 101 is out of date or incorrect, and as such, has been removed. Arizona is unique in the flexibility of educational choice available, and many families are understandably drawn to the benefits of private schools. High standards, caring teachers, compatible worldview, community involvement, and small classroom size are a few of the best features. In 1997, the Arizona State Legislature enacted ARS § 43-1089, the Arizona Private School Tuition Tax Credit Law, now nicknamed the Original Tax Credit. Subsequently the Arizona Supreme Court and US Supreme Court upheld the constitutionality of this law. In 2012, the Arizona Legislature enacted ARS § 43-1089.03, the Overflow Tuition Tax Credit Law (also known as the PLUS or Switcher tax credit). Not only are the tax credits safe, they are growing! Essentially, these laws allow Arizona taxpayers to give what they would otherwise owe the state in income tax to a School Tuition Organization (STO), such as ACSTO, as a donation instead.
    [Show full text]
  • Live Free and Learn: a Case Study of New
    CASE STUDY Live Free and Learn: NUMBER 19 February 2014 A Case Study of New Hampshire’s Scholarship Tax Credit Program By Jason Bedrick I. INTRODUCTION An STC program grants tax credits to individuals and/or corporations It has long been recognized that who contribute to approved, non- a democratic society requires an profit scholarship organizations educated citizenry. Education (SOs) that help low- and middle- not only confers benefits to the income families send their children individual, such as higher income to the schools of their choice. and greater life expectancy, but also There are currently more than to society. Education enhances civic 150,000 students participating 1 2 engagement, reduces crime, and in 14 STC programs operating 3 increases GDP. However, different in 11 states, including Arizona children have different educational (individual, corporate, and special needs and the international evidence needs), Florida, Georgia, Indiana, suggests that the superior education Iowa, Louisiana, New Hampshire, systems are those that provide choice Oklahoma, Pennsylvania (low- 4 and competition. For these reasons, income and failing schools), Rhode policymakers have sought innovative Island, and Virginia.5 methods of expanding educational opportunities, including scholarship In order to facilitate a better tax credit (STC) programs. understanding of how STC programs work in practice, this ADVANCING LIBERTY WITH RESPONSIBILITY BY PROMOTING MARKET SOLUTIONS FOR MISSOURI PUBLIC POLICY CASE STUDY I SHOW-ME INSTITUTE paper summarizes the available research schools, 68 percent noticed measurable on STC programs in general and presents academic improvement since receiving a case study on New Hampshire’s STC the scholarship, and 74 percent of program in particular.
    [Show full text]
  • Girardi Tax Research and Program Analysis Section Iowa Department of Revenue
    Federation of Tax Administrators Revenue Estimating Conference October 9, 2018 Tony Girardi Tax Research and Program Analysis Section Iowa Department of Revenue 1 ! Background on the School Tuition Organization (STO) Tax Credit ! Other education scholarship tax credits in the United States ! STO tax credit awards and claims ! Evaluating the fiscal impact of the STO tax credit 2 ! Enacted in tax year 2006 ! Awarded to a taxpayer who makes a voluntary contribution to one of 12 qualifying School Tuition Organizations (STOs) ! Tax credit equals 65% of the contribution ! Contribution cannot be taken as an itemized deduction for charitable contributions for Iowa tax purposes ! Using contributions, STOs provide tuition grants to students to attend private K-12 schools in Iowa ! The contribution cannot directly benefit any student designated by the taxpayer ! An STO must represent more than one school ! Tuition grantee’s household income must be below applicable poverty guidelines multiplied by 3. (Effective 2019-20, increased to 4 x poverty guidelines.) ! Set at $5 million for Program+Award+ its first full year, the TaxYear Cap+ ($+Millions) program award cap has been raised 2006 $2.50 2007 $5.00 three times 2008 $7.50 ! From 2014 to 2017, 2009 $7.50 2010 $7.50 program awards are 2011 $7.50 capped at $12 2012 $8.75 2013 $8.75 million 2014 $12.00 ! In 2018, capped at 2015 $12.00 $13 million 2016 $12.00 2017 $12.00 2018 $13.00 5 ! Overall tax credit cap is allocated among STOs based on enrollment at represented schools ! Claims against individual
    [Show full text]
  • Giving Arizona Children Better Opportunities In
    CASE Giving Arizona Children STUDY Better Opportunities NUMBER 18 March 2014 in Education: A Case Study of the Nation’s Oldest Tax Credit Scholarship Program By Jonathan Butcher INTRODUCTION me’ moments when the toilets at Brophy just ‘know’ when to flush.” Gabe Alba-Rivera used pieces of brick that fell from the ceiling of Gabe attended Brophy using his school in León, Guanajuato, a scholarship from the Brophy Mexico, and drew squares to play Community Foundation, one hopscotch at recess.1 At the time, of Arizona’s 57 school tuition he did not think it was unusual to organizations (STOs).2 Individuals play with broken bricks, and he and corporations receive a dollar- did not find it unusual that he had for-dollar credit on their taxes for to carry a bucket of water as his donations to STOs. The STOs use bathroom pass. The water was to the donations to award scholarships flush the toilet. for K-12 students. Since 1998, Arizona STOs have awarded more After Gabe and his mom moved to than $500 million in scholarships.3 Phoenix, Ariz., he realized that U.S. schools had running water unlike For 16 years, the awards have given his school in Mexico. In his senior thousands of Arizona students speech last spring at Brophy College more choices. This case study will Preparatory, an all-boys Catholic highlight research demonstrating school, Gabe said, “I still get ‘pinch that the scholarships give families ADVANCING LIBERTY WITH RESPONSIBILITY BY PROMOTING MARKET SOLUTIONS FOR MISSOURI PUBLIC POLICY CASE STUDY I SHOW-ME INSTITUTE across the state, including low-income among legislators and advocacy families, access to private schools.
    [Show full text]
  • Scholarship Tax Credits Does the State Have a Scholarship Tax Credit
    Scholarship Tax Credits Does the state have a scholarship tax credit program? March 2021 STATE arrow_upward Does the state have a tax credit scholarship program? Citation Program Name Alabama Yes. Ala. Code §§ 16-6D-1-9 Educational Scholarship Alaska No. Arizona Yes. Ariz. Rev. Stat. Ann. § 43-1089.03 Credit for Contributions to School Ariz. Rev. Stat. Ann. § 43-1183 Tuition Organization Ariz. Rev. Stat. Ann. § 43-1504 Yes. Ariz. Rev. Stat. Ann. § 15-891 Credit for Contributions to School Ariz. Rev. Stat. Ann. § 43-1184 Tuition Organization; displaced Ariz. Rev. Stat. Ann. § 43-1505 students; students with disabilities Yes. Ariz. Rev. Stat. Ann. § 20-224.06 Premium tax credit for contributions to Ariz. Rev. Stat. Ann. § 43-1183 school tuition organization; low-income Ariz. Rev. Stat. Ann. § 43-1504 scholarships Arkansas No. California No. Page 1 of 5 STATE arrow_upward Does the state have a tax credit scholarship program? Citation Program Name Colorado No. Connecticut No. Delaware No. District of Columbia No. Florida Yes. Fla. Stat. Ann. § 1002.395 Florida Tax Credit Scholarship Program Yes. Fla. Stat. Ann. § 1002.40 The Hope Scholarship Program Georgia Yes. Ga. Code Ann. § 20-2A-1 Georgia Tax Credit Program Ga. Code Ann. § 48-7-29.16 Hawaii No. Idaho No. Illinois Yes. 35 Ill. Comp. Stat. Ann. 40 Invest in Kids Indiana Yes. Ind. Code Ann. §§ 6-3.1-30.5 - 6-3.1- School Scholarship Tax Credit 30.5-15 Ind. Code Ann. § 20-51-1-5 Iowa Yes. Iowa Code Ann. §422.11S School Tuition Organization Tax Credit Kansas Yes.
    [Show full text]