State school superintendent Tom Horne urged Governor Hobbs on June 10 to sign legislation that would include Arizona in a new federal school tax credit opportunity. The bill, currently on the governor’s desk, aims to provide additional funding for students in public district, charter, and other school settings.
Horne said, “This bill benefits students in public district schools, charters, and every other school setting. Therefore, I urge Governor Hobbs to sign it. She should join fellow Democrat Governor Jared Polis of Colorado in supporting this program.”
He continued, “It is a dollar-for-dollar tax credit that taxpayers can donate up to $1,700 annually to Scholarship Granting Organizations as allowed by the law that give money to cover school expenses. Any school could establish such a scholarship organization to accept contributions and bring more money to the classroom. It does not cost the state any money and would increase funding for education.”
According to Horne, eligible expenses under the program include books, supplies, tutoring, special needs services, computers, tuition, fees, room and board and transportation covered by the federal Coverdell Education Savings Accounts. Participation requires enrollment at an eligible school.
More information about the proposal is available at the organization’s press release.
