April 1, 2015
Bill advances to Alabama House with enhancements to tax-credit scholarships
Tallahassee, Fla. – Today, Excellence in Education National (@Excel_National) Executive Director Patricia Levesque issued the following statement on the Alabama Senate’s passage of SB 71. This bill will increase students’ opportunities to participate in the Alabama Accountability Act, the state’s tax-credit scholarship program.
“We greatly appreciate the leadership of Senate President Pro Tempore Del Marsh and the support of the Alabama Senate in passing SB 71. This bill will increase opportunities for students to leave struggling schools and attend a public or private school that better meets their needs. Children should not be land-locked into schools based on their geography. SB 71 is proof that Alabama is dedicated to giving high-quality choices to students and their parents.
“Today, the Alabama Accountability Act serves approximately 4,000 students, and gives thousands of other students the option to seek opportunities beyond the bureaucratic choices of adults. Senator Marsh’s bill will allow for additional private donations to support the tax-credit scholarships and align student eligibility requirements with the needs of Alabama’s families. We look forward to the Alabama House’s support of this legislation.”
- Increases the collective donations that can be received to provide scholarships to students from $25 million to $30 million annually.
- Removes the $7,500 cap on claiming tax credits for donors to the tax-credit scholarship program, incentivizing increased private investment into the education of Alabama’s students.
- Requires that scholarship granting organizations report greater information to the state on scholarships awarded.
For more information visit www.ExcelNational.org.