On February 4, 2025, the Ohio Legislature introduced Senate Bill 68, a significant piece of legislation aimed at providing financial support for families with children attending nonchartered nonpublic schools. The bill proposes a tax credit structure based on the adjusted gross income of taxpayers, with the intention of easing the financial burden on families seeking educational alternatives.

The primary provision of Senate Bill 68 establishes a tax credit for parents or guardians of dependents enrolled in nonchartered nonpublic schools. Specifically, families with a total federal adjusted gross income of less than $50,000 would be eligible for a $1,000 credit, while those earning $50,000 or more could receive a $1,500 credit. This tiered approach is designed to assist lower-income families more significantly, reflecting a commitment to educational choice and accessibility.

In addition to introducing the tax credit, the bill also includes provisions for the repeal of existing sections of the Ohio Revised Code related to educational funding, indicating a shift in how the state approaches financial support for nonpublic education. The bill outlines appropriations from the state treasury for the fiscal years 2026 and 2027, ensuring that the necessary funds are allocated to support the proposed tax credits.

Debate surrounding Senate Bill 68 has already begun, with proponents arguing that the bill will enhance educational opportunities for families who may not have the means to afford private schooling. Critics, however, express concerns about the potential impact on public school funding and the prioritization of nonpublic education over public education resources. The discussions are expected to intensify as the bill moves through the legislative process, with stakeholders from various educational sectors weighing in on its implications.

The economic implications of Senate Bill 68 could be substantial, as it may encourage more families to consider nonpublic schooling options, potentially reshaping the educational landscape in Ohio. Additionally, the bill's focus on income-based tax credits could stimulate discussions about equity in education funding and the role of state support in facilitating educational choice.

As the legislative session progresses, the future of Senate Bill 68 remains uncertain, with potential amendments and further debates likely to influence its final form. The outcome of this bill could set a precedent for how Ohio addresses educational funding and support for nonpublic schools in the years to come.