Establishes a pilot program providing tax credits to taxpayers contributing to scholarships for low-income children in chronically failing schools.

The Opportunity Scholarship Act establishes a pilot program in the Department of Treasury to provide tax credits to taxpayers contributing to scholarships for low-income children. The program aims to offer educational scholarships to low-income children, particularly those attending chronically failing schools. The bill defines a chronically failing school as one where at least 40% of students did not pass both the language arts and mathematics subject areas of the State assessments, or at least 60% of students did not pass either subject area, for two consecutive years.

Establishes a pilot program providing tax credits to taxpayers contributing to scholarships for low-income children in chronically failing schools.

The Opportunity Scholarship Act establishes a pilot program in the Department of Treasury to provide tax credits to taxpayers contributing to scholarships for low-income children. The program aims to offer educational scholarships to low-income children, particularly those attending chronically failing schools. The bill defines a chronically failing school as one where at least 40% of students did not pass both the language arts and mathematics subject areas of the State assessments, or at least 60% of students did not pass either subject area, for two consecutive years.