Reenacts the Invest in Kids Act, making it permanent and validating previous amendments.
The bill reenacts the Invest in Kids Act, ensuring its continuous effect beyond its scheduled repeal on January 1, 2025. It validates all previous amendments to the Act, ensuring their continued legality. The Act provides tax credits to taxpayers who contribute to scholarship granting organizations for students in non-public schools. These organizations must meet specific criteria, including using at least 95% of contributions for scholarships and complying with anti-discrimination laws.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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