Sentences with phrase «private school scholarship funds»

The tax credit would provide a generous incentive for donations to private school scholarship funds in addition to public schools.

Cuomo's proposal is more restrictive than the legislation, which is designed to incentivize donations to private school scholarship funds as well as 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.

In a statement Tuesday, when Cuomo announced the new legislation, he downplayed the incentives for donations to private school scholarship funds.

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.

Cuomo's bill would allow donors to private school scholarship funds and public after school programs to give up to one million dollars, and in exchange receive a credit of $ 750,000 on their taxes.

In his initial budget proposal, Cuomo linked the Dream Act to the education tax credit, which would incentivize donations to private school scholarship funds as well as public schools.

The compromise measure would not contain a tax credit offsetting donations to private school scholarship funds.

Trustees of Agudath Israel of America, an Orthodox Jewish organization, told Assemblyman Steven Cymbrowitz, a Sheepshead Bay Democrat, during an Albany meeting in April that he would be the target of a 2016 primary if the education investment tax credit, a bill that would give a tax break to people and companies donating money to public schools and private school scholarship funds, does not become law this session.

State Senator Martin Golden, a Brooklyn Republican, said religious groups, particularly one tied to an unnamed rabbi, would use a «nuclear option» if the education investment tax credit — a bill that would give a tax credit to people and companies donating money to public schools and private school scholarship funds — does not become law by the end of the legislative session in June.

The report examines tax policies in 20 states that have circumvented public opposition or even constitutional obstacles to publicly funded private school vouchers by using their tax codes to either encourage donations to private school scholarship funds, also known as neovouchers or backdoor vouchers or to offset the cost of private school tuition.

States using «neovouchers» — or backdoor vouchers — to encourage donations to private school scholarship funds or to offset the costs of private school tuitions illegally allow wealthy taxpayers to turn a profit when making charitable contributions to private schools, according to a new report by the Institute on Taxation and Economic Policy.

States using neovouchers - or backdoor vouchers - to encourage donations to private school scholarship funds or to offset the costs of private school tuitions illegally allow wealthy taxpayers to turn a profit when making charitable contributions to private schools,...