State Rep. Carson Introduces Legislation to Increase Private School Scholarship Tax Credits
Monday, February 6th, 2017
State Representative John Carson (R-Marietta) recently introduced House Bill 217, legislation that would increase the amount of funding available for private school scholarship organizations in order to receive income tax credits.
“This week, I introduced legislation that will increase Georgia’s cap on the Student Scholarship Organization credit, allowing more students to choose where they learn,” said Rep. Carson. “The program’s $58 million cap has been exceeded on the first day of applications for the past three years, and this year it was more than double. To the parents who have contributed to this program: we have heard you loud and clear. You absolutely want more school choice for Georgia’s kids.”
When Georgia taxpayers donate to private school scholarship organizations, they are issued state income tax credits. Currently, Georgia allocates $58 million annually to provide these scholarship organizations with state income tax credits. If passed, HB 217 would increase the funding available for these tax credits to $150 million in the first year, followed by $157.5 million in 2019, $165 million 2020, $172.5 million in 2021 and $180 million for all subsequent tax years. These tax credits will be issued on a first come, first served basis. However, this bill places limits on the total amount of tax credits organizations can receive from the state allocation.
“Each student has a unique style of learning, and it is imperative that Georgia’s young minds have the choice to attend the school most conducive to their learning style. This legislation will empower more parents, not the government, to help make those decisions for their children. I look forward to championing this legislation for every child in Georgia who wants a chance at a better education,” added Rep. Carson.