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Senate Education advances draft of S.161 to let Vermont recognize scholarship organizations for a new federal education tax credit
Summary
Committee members reviewed S.161, which would let the governor and state review scholarship‑granting organizations so Vermonters can use a new federal scholarship tax credit (up to $1,700 per donor); the bill adds a Vermont mission requirement and an audit authority while committee approved a minor drafting change by voice vote.
The Senate Education Committee reviewed S.161 on June 29, a bill intended to allow Vermont to participate in a new federal scholarship tax‑credit program by recognizing eligible scholarship‑granting organizations (SGOs).
Emily Simmons, general counsel at the Agency of Education, told the committee that the federal Department of the Treasury is drafting regulations for the program but that Vermont’s proposed legislation hews closely to the federal statutory language. Simmons said the state draft adds Vermont‑specific language to emphasize SGOs whose core mission is to support economically disadvantaged students through after‑school programs, summer programs and tutoring.
Under the feder…
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