Requires the Revenue Laws Study Committee to study methods of providing tax benefits in a manner and amount that offsets tuition to allow low or moderate income families to send their children to nonpublic schools or public schools that charge tuition. Requires a report to the 2012 Regular Session of the General Assembly. Authorizes the creation of a subcommittee and allows for the participation of an individual designated by the Local Government Commission as an ex officio member.
EQUAL EDUCATION OPPORTUNITY TAX CREDIT.
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TO STUDY METHODS OF INCREASING EQUALITY OF OPPORTUNITY FOR NONPUBLIC SCHOOL EDUCATION FOR FINANCIALLY CHALLENGED FAMILIES BY ENACTING TAX BENEFITS TO OFFSET TUITION EXPENSES.Intro. by Graham.
Status: Ref to Education/Higher Education. If fav, re-ref to Finance (Senate Action) (Apr 20 2011)
Bill History:
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Tue, 19 Apr 2011 Senate: Filed
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Wed, 20 Apr 2011 Senate: Passed 1st Reading
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Wed, 20 Apr 2011 Senate: Ref to Education/Higher Education. If fav, re-ref to Finance
S 759
Bill Summaries:
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Bill S 759 (2011-2012)Summary date: Apr 20 2011 - View Summary
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