Directs the New York commissioner of taxation and finance to help entities participate in the federal tax credit for elementary and secondary.

This bill directs the New York commissioner of taxation and finance to assist entities in participating in the federal tax credit for elementary and secondary scholarships. The commissioner must establish rules for entities to qualify as scholarship granting organizations and inform the public about the program. The bill aims to enable New York entities to participate in the federal Educational Choice for Children Act of 2025, which offers a tax credit for contributions to scholarship granting organizations.

Directs the New York commissioner of taxation and finance to help entities participate in the federal tax credit for elementary and secondary.

This bill directs the New York commissioner of taxation and finance to assist entities in participating in the federal tax credit for elementary and secondary scholarships. The commissioner must establish rules for entities to qualify as scholarship granting organizations and inform the public about the program. The bill aims to enable New York entities to participate in the federal Educational Choice for Children Act of 2025, which offers a tax credit for contributions to scholarship granting organizations.