Pennsylvania HB1763 amends educational tax credits to ensure compliance with federal tax credits for contributions to scholarship organizations.

Pennsylvania HB1763 amends the Public School Code of 1949 to align with federal tax credits for contributions to scholarship organizations. The bill designates the Department of Community and Economic Development as the agency to make elections on behalf of the Commonwealth for federal tax benefits. It requires the department to issue guidelines for scholarship organizations, ensuring they meet federal requirements. Scholarship organizations must submit information to the department, including proof of tax-exempt status and compliance with federal scholarship criteria.

Pennsylvania HB1763 amends educational tax credits to ensure compliance with federal tax credits for contributions to scholarship organizations.

Pennsylvania HB1763 amends the Public School Code of 1949 to align with federal tax credits for contributions to scholarship organizations. The bill designates the Department of Community and Economic Development as the agency to make elections on behalf of the Commonwealth for federal tax benefits. It requires the department to issue guidelines for scholarship organizations, ensuring they meet federal requirements. Scholarship organizations must submit information to the department, including proof of tax-exempt status and compliance with federal scholarship criteria.