Sentences with phrase «individual scholarship tax»

Arizona's Individual Scholarship Tax Credit Program, Ariz..
Enacted in 1997 and the nation's longest running scholarship tax credit program, the Individual Scholarship Tax Credit Program provides all Arizona taxpayers the opportunity to contribute directly to a School Tuition Organization (STO) and receive a dollar - for - dollar tax credit against their Arizona state tax liability.
Indiana The Corporate and Individual Scholarship Tax Credit Program provides scholarships for low and lower - middle income children to attend private schools.

Not exact matches

It allows individuals to take a tax credit for funds donated to scholarship funds.
The Executive Budget includes an Education Tax Credit (ETC) that would provide individuals and businesses with a substantial credit against income taxes owed for donations to private and public schools, or scholarship organizations.
Individuals and businesses can receive a tax credit for up to 75 percent of their donations made to not - for - profit organizations that award scholarships to students in grades P - 12.
Joined by area politicians and community leaders, the parents, students and teachers rallied in support of the Education Investment Tax Credit which would increase support for public and religious schools by creating a tax incentive for individuals and corporations to donate to scholarship programs administered by nonprofit educational organizatioTax Credit which would increase support for public and religious schools by creating a tax incentive for individuals and corporations to donate to scholarship programs administered by nonprofit educational organizatiotax incentive for individuals and corporations to donate to scholarship programs administered by nonprofit educational organizations.
Mr. Cuomo has also voiced support for a bill, backed by the Catholic Church and advocates of vouchers, that would offer tax credits to individuals and corporations who donate money to public schools, or to scholarship programs that help poor and middle - class students attend private schools.
The funding comes from donations made by individuals and businesses who receive a 75 - cents - on - the - dollar tax credit when they give to scholarship - granting organizations statewide.
Another seven programs indirectly fund private K — 12 scholarship organizations through government tax credits to individuals or corporations.
Scholarship Tax Credits: allow individuals and businesses to take tax credits for donating money to private, nonprofit organizations that provide private school scholarshiTax Credits: allow individuals and businesses to take tax credits for donating money to private, nonprofit organizations that provide private school scholarshitax credits for donating money to private, nonprofit organizations that provide private school scholarships.
In Florida, corporations or individuals can get a generous, dollar - for - dollar tax break by donating to a private, nonprofit scholarship organization.
The longest - running of the cases, filed in federal court in 2000, alleged that Arizona's individual tax - credit program violates the establishment clause of the U.S. Constitution by permitting organizations to provide scholarships to students that can be used only at religious schools.
A common form of tax credit allows businesses or individuals to contribute to organizations that distribute private - school scholarships to low - income families.
In 2010 and 2011, we asked instead about «a tax credit for individual and corporate donations that pay for scholarships to help parents send their children to private schools,» language that implies the scholarships could be used by any family, regardless of income.
In a Show - Me Institute poll released in May 2007, 67 percent of Missouri voters and 77 percent of African Americans said they favored a law that would «give individuals and businesses a credit on either their property or state income taxes for contributions they make to education scholarships that help parents send their children to a school of their choice, including public, private, and religious schools.»
Rather than reallocating dollars slated for education, supporters proposed to give tax credits to individuals and businesses that donated money to nonprofit organizations providing low - income students with scholarship grants to attend private schools (see Table 1).
Nearly three - fourths (72 percent) of the public favors a «tax credit for individual and corporate donations that pay for scholarships to help low - income parents send their children to private schools.»
It would offer individuals and / or corporations a federal tax credit if they donated to scholarship (i.e., voucher) programs in states with their own tax credit initiatives.
As the survey prompt explained, an STC program «gives tax credits to individuals and businesses if they contribute money to nonprofit organizations that distribute private scholarships» thereby giving parents «the option of sending their child to the school of their choice,» including private religious or secular schools.
• When not given a neutral option, 73 % of parents supported «a tax credit for individual and corporate donations that pay for scholarships to help low - income parents send their children to private schools» compared with 27 % opposed.
• 57 % of parents supported «a tax credit for individual and corporate donations that pay for scholarships to help low - income parents send their children to private schools» compared with 16 % opposed.
Most common is a tax - credit program that allows businesses or individuals to contribute to organizations that distribute private - school scholarships to low - income families.
Cast a wide net: The tax credit should encourage charitable scholarship donations from corporations and individuals.
Customize your results by filtering the school choice program types you're interested in learning more about: education savings accounts, school vouchers, tax - credit scholarships and individual tax credits and deductions.
The tax - credit scholarship program is entirely funded by voluntary donations from individuals and businesses to Student Scholarship Organizations (SSOs), nonprofits that provide students with scholarships to attend privascholarship program is entirely funded by voluntary donations from individuals and businesses to Student Scholarship Organizations (SSOs), nonprofits that provide students with scholarships to attend privaScholarship Organizations (SSOs), nonprofits that provide students with scholarships to attend private schools.
Georgia — Georgia allows individuals and corporations to claim a tax credit for donations made to «student scholarship organizations» valued at 100 percent of the donation made.
Alabama - Alabama allows both individuals and corporations to claim a tax credit for donations to scholarship granting organizations (SGOs)(HB 84, 2013).
But one route that has come up repeatedly is a federal tax credit that would reward corporations and individuals who donate to scholarship organizations that help low - income students pay for private or religious schools.
Iowa The Individual School Tuition Organization Tax Credit provides scholarships for low and lower - middle income children to attend private schools.
Indiana — Indiana offers individuals and corporations a tax credit for donations to «scholarship granting organizations.»
Virginia — Virginia awards businesses and individuals tax credits for contributions made to «scholarship foundations».
Oklahoma — Oklahoma passed the Oklahoma Equal Opportunity Education Scholarship Act in 2011 allowing individuals and corporations to claim a tax credit for contributions made to a «scholarship - granting organizatScholarship Act in 2011 allowing individuals and corporations to claim a tax credit for contributions made to a «scholarship - granting organizatscholarship - granting organization».
Meanwhile, 62 percent of African Americans supported tax credits for corporations and individuals who fund scholarships for private school tuition.
The Individual School Tuition Organization Tax Credit provides scholarships for children to attend private schools.
He also proposed expanding an existing program that gives tax breaks to businesses and individuals to fund scholarships for students to attend private and religious schools.
Tuition tax - credit scholarship programs grant tax credits to individuals or corporations that donate to organizations that in turn give scholarships to K - 12 students.
Support for a tax credit for businesses and individuals who contribute to private - school scholarships for low - income families has also fallen, to 55 % from 60 % in 2014.
Most controversially, school choice also includes vouchers and tuition tax - credits, which allow families to use public dollars in order to send their children to private schools or provide tax credits to individuals or corporations that make donations to organizations that grant scholarships to students.
It's expected DeVos will roll out a Trump administration plan to provide tax credits to corporations and individuals who donate money to groups and schools that provide school choice scholarships to students and parents.
Included are: the biggest increase in Pell Grants in 20 years; $ 1,500 HOPE Scholarships to make the first two years of college universally available; a 20 % tuition tax credit for college juniors, seniors, graduate students and for working Americans pursuing lifelong learning to upgrade their skills; and the use of Individual Retirement Accounts (IRAs) for educational savings.
Is it best to have vouchers, tax - credit funded scholarships, individual tax credits, ESA's, etc...?
Another plus of Arizona's individual tax - credit scholarship program is the lack of red tape placed on participating schools, which must comply with the state's private school regulations, including health, safety and nondiscrimination requirements.
Arizona's «Switcher» Individual Income Tax Credit Scholarship Program (46) Tax - Credit Scholarship 18 % of average per - pupil spending in Arizona public schools $ 1,496
AFC believes a federal tax credit to inspire charitable giving by corporations and individuals to state non-profits who provide scholarships for eligible children to attend a school of their parents» choice would have the greatest impact for children in need.
This case positioned individuals represented by the American Civil Liberties Union (ACLU) and Americans United for Separation of Church and State (AU) against the state's new tax - credit scholarship program.
A TCS law grants a full or partial tax credit to individual and / or corporate taxpayers in return for contributions to nonprofit scholarship organizations.
Similar to tax - credit scholarship laws, individual and corporate donors would receive tax credits when they contribute to qualified nonprofit scholarship organizations.
Most importantly, a scholarship tax credit program will move New Hampshire from an educational system where access is primarily determined by a student's zip code and accident of birth toward a system tailored to meet the individual needs of every child.
Mr. Cuomo has also voiced support for a bill, backed by the Catholic Church and advocates of vouchers, that would offer tax credits to individuals and corporations who donate money to public schools, or to scholarship programs that help poor and middle - class students attend private schools.
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