Nevada AB364 revises the Nevada Educational Choice Scholarship Program, modifying tax credit rules for donations to scholarship organizations.
Nevada AB364 amends the Nevada Educational Choice Scholarship Program by changing how tax credits are applied to donations made to scholarship organizations. The bill requires scholarship organizations to apply for approval of tax credits from the Department of Taxation before accepting donations. It mandates that donations for which tax credits are claimed cannot be used to provide grants until certain credit thresholds are met.
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