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Committee advances bill to codify federal scholarship tax-credit program; debate over caps and oversight
Summary
Senator Dixon moved and the committee advanced LC492559 to codify a federal scholarship tax-credit program into state law; members and public witnesses pressed concerns about permanence, oversight, accreditation language and fiscal impact, including testimony estimating potential costs in the tens of billions.
Senator Dixon asked the committee to codify into state law a federal tax-credit scholarship program that currently requires annual renewal by executive order. He said codifying the program in state code would avoid annual renewals. The sponsor described contribution limits in the bill: up to $1,700 for single filers and $3,400 for couples, with eligibility tied to families earning less than 300% of area median income.
Senator White and others…
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