Establishes a pilot program providing tax credits for contributions to scholarships for low-income children.
The Opportunity Scholarship Act establishes a five-year pilot program in the Department of Treasury to provide tax credits to taxpayers contributing to scholarships for low-income children. The program allows taxpayers to claim a tax credit against the corporate business tax or gross income tax equal to 100% of any contribution made to a selected scholarship organization. Scholarships would be awarded to eligible students in two
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