The Education Freedom Scholarships and Opportunity Act aims to encourage individual and corporate taxpayers to contribute to scholarships for.
The Education Freedom Scholarships and Opportunity Act amends the Internal Revenue Code of 1986 to establish tax credits for contributions to eligible scholarship-granting organizations and eligible workforce training organizations. The purpose of the Act is to encourage individual and corporate taxpayers to contribute to scholarships for individual students through these organizations, as identified by States. The Act provides for tax credits for contributions made by individuals and corporations, with certain caps and limitations.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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