Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee hears expansion of Qualified Education tax-credit program; supporters and education groups debate accountability and fiscal impact
Summary
House Bill 328 would increase the cap on the Qualified Education (QE) scholarship tax-credit program and change remittance and participation rules. Proponents described student outcomes and state savings; education advocates and public-policy groups raised accountability and equity concerns during a lengthy public testimony period.
Chairman Carpenter presented House Bill 328 and a committee substitute that would increase the annual cap for the Qualified Education scholarship tax-credit program and make several procedural changes for donors and participating organizations.
The bill would raise the authorized cap (the author described increasing the program from $120 million to $140 million in available credits) and would change timing and remittance rules for contributors so donors have more time to remit (the substitute would extend the remittance period to 120 days). The substitute also includes language to prevent carryforward of some tax credits and reduces the allowable share for insurance-company participation (the text would lower a participation cap for insurers from 75% to 30% in the version discussed), and it adds a…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
