New York Gov. Kathy Hochul plans to opt into the Federal Scholarship Tax Credit program. This would allow New Yorkers a dollar-for-dollar tax credit up to $1,700 for donations to organizations granting educational scholarships. A poll indicates NYC parents support the measure by a 3-to-1 margin.
Key Points
- NY Gov. Hochul intends to opt into the Federal Scholarship Tax Credit
- Tax credit capped at $1,700 for donations to scholarship organizations
- NYC parents poll 3-1 in favor of the program
Implications for Educational Freedom
This tax credit expands school choice by incentivizing private funding for scholarships, increasing options and parental empowerment in K-12 education.
Source: Opinion: 3 to 1 in Favor — NYC Parents Weigh In on New Federal Scholarship Tax Credit
