Tennessee SB2206 amends state law to align with federal tax credit regulations for contributions to scholarship granting organizations.
Tennessee SB2206 amends state law to ensure Tennessee's participation in the federal tax credit for contributions to scholarship granting organizations. The bill requires the Department of Education to certify and submit a list of qualifying organizations to the Secretary of the Treasury. It also mandates compliance with federal regulations and allows for agreements with other state departments to meet these requirements. The act takes effect immediately upon becoming law.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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