County to consider resolution backing new federal scholarship tax credit aimed at rural students
Summary
A county board member flagged a new federal scholarship tax credit program that would require counties to pass resolutions signaling support; the Finance Committee agreed to place the item on next month’s agenda and to involve the administrator and key stakeholders.
A county board member brought forward information about a new federal scholarship tax credit program described at the meeting as part of a recently enacted federal package. The program, as discussed, would establish a donor-funded scholarship tax credit to support both public and private rural schools and would encourage counties to pass resolutions signaling local support so governors can proceed with implementation.
Tom (S4) noted the program’s intent is to allow donors to direct tax credits toward local scholarships for academic support, tutoring, AP fees and other educational services. He said Ogle County had already passed a resolution and recommended Lee County consider putting a similar resolution before the full county board. One committee member said a quick check suggested the program becomes effective Jan. 1, 2027, giving counties time to consider a resolution.
Chair and committee members agreed they could not take final action in the Finance Committee meeting but directed staff to place the item on next month’s agenda and coordinate with the county administrator and other stakeholders (including Charlie and relevant intergovernmental groups). No resolution was adopted at this meeting; staff will prepare materials and present the proposal for the board’s consideration.
Ending: Item scheduled for next month as an action item; committee members suggested outreach to regional county associations to build support.
