Sentences with phrase «for scholarship tax»

As dangerous as ICB - style boards are for voucher programs, they are even more inappropriate for scholarship tax credits (STCs).

Not exact matches

(The trick was figuring out how the company could maintain the program's tax - deductible status as a nondiscriminatory benefit while still ensuring that the children of the company's owner would qualify for some of the scholarships.)

The Obama administration enacted and / or expanded some tax credits and deductions for education; such as the American Opportunity Credit (formerly called the «Hope Scholarship Credit»), the Lifetime Learning Credit, and the Tuition and Fees deduction.

It allows individuals to take a tax credit for funds donated to scholarship funds.

Nevertheless, he insisted the bill — which provides tax credits for donations to public schools and scholarship programs for private and parochial schools — remains a troubling one for the Democratic conference.

One is an education tax credit that would give donors a tax break for funding scholarships to allow poor children to attend private schools, and also for money given to extra curricular programs at public schools.

Cuomo and Senate Republicans have been aligned on a number of key issues, including keeping a cap on local property tax increases permanent, as well as a tax credit for donations to public schools and private school scholarship programs.

$ 27 Million for Public School Programs: Under this portion of the Education Scholarship and Program Tax Credit, public school students and educators will benefit from $ 27 million in new funds for education improvement programs.

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.

But he said expanding the tax credit proposal to include scholarship funding for the Dream Act is not a «workable solution.»

The compromise would have yoked the Dream Act — which provides tuition assistance to the children of undocumented immigrants — to the tax credit for donations to private and parochial school scholarships as well as public school programs.

ALBANY — Unlike past proposals, Governor Andrew Cuomo's new legislation establishing an education tax credit offers more incentives for donations to private school scholarship funds than public schools.

It authorizes $ 150 million in a tax credit offsetting donations to educational scholarship funds, reauthorizes mayoral control of New York City schools for three years, legalizes mixed martial arts, and transfers the Canal Corporation from the Thruway Authority to the Power Authority.

But Kolb says he knows talks are going on about the top two remaining issues, renewing New York City's rent laws and an education tax credit for donors who give up to a million dollars to fund scholarships for poor children in private schools and fund afterschool activities at public schools.

Astorino has said he supports the growth of charter schools in New York and blames Cuomo for the failure of a tax credit proposal that would incentivize donations to private school scholarship funds as well as public schools.

Skelos, meanwhile, reiterated he will push in the post-budge legislative session for the education investment tax credit, which is aimed at spurring donations to public schools and non-profit scholarship programs that aid private schools.

The measure would provide tax credits for donations to non-profit scholarship finds that aid students in attending private schools, donations to public schools and help teachers who spend their own money on classroom supplies.

The investment tax credit, which is aimed at encouraging donations to public schools and non-profit scholarship programs for private schools, remains a heavy lift for Assembly Democrats, who already trying to calm the statewide teachers union for approving a variety of Cuomo's education reform proposals.

The Parental Choice in Education Act would provide tax credits for those who donate to private and parochial schools for purposes of scholarships, tax credits to parents who pay tuition to private and parochial schools and tax credits to teachers - in both public and private schools - who make personal purchases of school supplies and food to support their underprivileged students.

The bill includes tax credits for donors who give money for scholarships for children at private and parochial schools.

UFT members participate in a protest on March 21 in front of the Bay Ridge office of state Sen. Marty Golden, who sponsored a bill making its way through the Legislature that would grant sizable tax credits for donations to scholarship funds for religious and other private schools in New York State.

Latimer did not vote on School Funding, Raise - the - age, extending the Millionaire tax, renewing the Affordable New York tax abatement, Excelsior Scholarships to fund college expenses for middle - class families at CUNY and SUNY schools, workers compensation reform, all so he could stroll the River Thames with his girlfriend.

Several Republicans broke with their party to vote against and the proposal, which also contains language allowing bullied students to transfer to other public or private schools and receive a tax credit scholarship to pay for it.

Cardinal Timothy Dolan and Assemblyman Robert Rodriguez today rallied with religious school parents, kids and administrators in East Harlem for the passage of the controversial education investment tax credit — which would incentivize private donations for scholarships at parochial schools and other private schools, as well as public school scholarship funds.

years; exempts vehicles owned by firefighter first responders used in the performance of duty from motor vehicle registration fees and vehicle use taxes; authorizes local volunteer fire companies and ambulance companies to offset the cost of health insurance for their volunteers through the use of funds collected from a 2 percent fire insurance premium tax from out - of - state insurers; allows fire companies to select up to three candidates to participate in the state's college tuition assistance program, known as Volunteer Recruitment Service Scholarships; and directs the state Higher Education Services Corp. to create a volunteer recruitment service college loan forgiveness program.

Buffalo Mayor Byron Brown said, «By providing tax credits that support scholarships, after school programs, and teachers that buy supplies for their classrooms, we can make a significant investment in our school system — and one that leads to an improved learning environment for our students.

There is some precedent for it, though: She noted that some states give tax credits in return for private - school scholarships and that the IRS allows deductions of those contributions.

Governor Andrew Cuomo, a Democrat, inserted the Dream Act into his $ 141.6 billion executive budget, and linked it to a new tax credit for donations to private and parochial school scholarship funds as well as public schools.

The education tax credit, a proposal lobbied for by Cardinal Timothy Dolan, would allow for private donations to public schools and create scholarship programs for needy students to receive access to private education, including parochial schools.

A proposal that would link a tax credit for donations to public schools and fund private - school scholarships to the Dream Act is not «viable» Assembly Speaker Sheldon Silver said on Monday after emerging from a closed - door meeting with Gov. Andrew Cuomo.

Coalition for Opportunity in Education, a group whose advocacy is focused exclusively on the Education Investment Tax Credit, which would incentivize donations to private school scholarships or public schools, spent $ 659,404.

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.

The Education Tax Credit would generate $ 900 million in its first three years for public education and scholarships.

Supporters say that the tax credit will raise more charitable donations for after school programs, arts and scholarships.

Senate Republicans and Cuomo have been pressing for an education tax credit that would allow donors who give up to $ 1 million a $ 750,000 credit on their taxes, if they donate the money to fund scholarships to poor children at private schools.

The New York state legislature is due to adjourn later this week, but there's still no agreement by Assembly Democrats on an education tax credit sought by Gov. Andrew Cuomo that would allow donors a tax credit when they give up to a million dollars for private school scholarships and some public school programs.

Dolan Wednesday said there was discussion of expanding the tax credit to include those who give money that can be used toward scholarships for college students in need who might not otherwise qualify for assistance.

Senate Co-Leader Dean Skelos (R - Long Island) and Sen. Martin Golden (R - Brooklyn) said they would not support expanding a proposed education investment tax credit to help fund scholarships for the college kids of illegal immigrants — a plan some saw as a compromise to the DREAM Act that was voted down in the Senate last week.

I am eagerly looking forward to continuing to lead the fight for toll relief, and to work on important issues like prescription drug abuse and the heroin epidemic and the education tax credit, which expands scholarship and programming opportunities.

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.

But the governor pulled back from efforts to pass an education tax credit that would benefit donors who give up to $ 1 million, if they give money to scholarships for poor children to attend private schools.

Republicans said nothing during the debate over the «big ugly,» which also included about $ 25.8 billion in funding for public schools, revived the 421 - a housing subsidy program, creates a new scholarship program for public colleges, included billions for water infrastructure, spurs municipal service consolidation and extended the state's expiring millionaires tax for two years.

The tax credit would allow credits for donations to scholarship funds that could be spent at private schools.

An increase in the allowed number of charter schools and tax credits for those who donate or set up scholarship funds for private and religious schools are also on the table.

GOP leaders in the state's upper house introduced another proposal to re-authorize mayoral control of the state's largest school system, offering New York City Mayor Bill de Blasio an additional three years but pairing it with a tax credit for donations to private school scholarships — a known poison pill for Heastie and the Democratic conference he leads.

Cuomo didn't offer more details about the plan, which would rely on existing federal and state financial aid programs, while adding $ 163 million in state tax dollars for Excelsior Scholarships that pay for tuition costs not covered by the traditional aid programs.

Cardinal Timothy Dolan is in Albany today to lobby for the education investment tax credit, a tax break in return for donations to schools or scholarship funds.

In a Nov. 15 letter to Speaker Paul Ryan, R - Wis., and Minority Leader Nancy Pelosi, D - Calif., a broad array of scientific and engineering societies called on House leaders to drop provisions in the tax bill (H.R. 1) that would eliminate tax credits, known as the Lifetime Learning Credit and the Hope Scholarship Credit, that alleviate the financial strain of higher education by providing a dollar - for - dollar reduction in the income tax liability of eligible students.

The schools have argued the tax will reduce the amount of money available for scholarships, internal research grants, and other initiatives.