West Virginia HB4588 requires the State Treasurer to participate in the federal tax credit scholarship program and identify qualified scholarship.
West Virginia HB4588 mandates the State Treasurer to participate in the federal tax credit scholarship program, which allows individuals to make tax-deductible contributions to scholarship granting organizations. The bill requires the State Treasurer to identify qualified scholarship granting organizations within the state and ensure they meet federal requirements. Additionally, it mandates the State Treasurer to submit an annual list of these organizations to the Secretary of the Treasury and publish it on the state's website.
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