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Board hears legislative update: federal funds withheld and new voucher tax‑credit noted
Summary
Board member Kim Holt reported on recently introduced state and federal measures, including a referenced House Bill and a federal voucher tax credit that would allow dollar‑for‑dollar donations up to $1,700; she also described large withheld federal K–12 funds and a partial release tied to specific programs.
Board member Kim Holt briefed the board on recent state and federal developments affecting education funding. Holt said a referenced House Bill (noted in the transcript as "House Bill 391") would require tax rates on tax bills to be expressed as a percentage of true value. She also summarized education provisions in a recently enacted federal spending measure that create a federal voucher tax credit enabling individuals to donate to eligible scholarship organizations with a dollar‑for‑dollar tax credit up to $1,700.
Holt said the Trump administration had been withholding nearly $6.8 billion in federal K–12 funding that was legally due on July 1, including almost $200 million for Ohio; she noted a partial release of more than $1 billion intended for 21st Century Community Learning Centers programming, while the disposition of remaining funds remained uncertain at the time of her report. "This includes almost 200,000,000 in federal funding for Ohio," she said, summarizing the local impact mentioned in the update.
No board action was taken on the legislative items; Holt said she had received no additional emails about changes since preparing the report.
