Horne urges governor to sign federal school tax credit bill

Provides more money to districts, charter and other school settings

PHOENIX – State school superintendent Tom Horne is urging Governor Hobbs to sign legislation currently on her desk that would add more money to the classroom for students in public district, charter and other school settings. The bill would include Arizona in a new federal school tax credit opportunity.

Horne stated, “This bill benefits students in public district schools, charters, and every other school setting. Therefore, I urge Governor Hobbs to sign it. She should join fellow Democrat Governor Jared Polis of Colorado in supporting this program.”

He added, “It is a dollar-for-dollar tax credit that taxpayers can donate up to $1,700 annually to Scholarship Granting Organizations as allowed by the law that give money to cover school expenses. Any school could establish such a scholarship organization to accept contributions and bring more money to the classroom. It does not cost the state any money and would increase funding for education.”

Eligible expenses include books, supplies, tutoring, special needs services, computers, tuition, fees, room and board and transportation covered by the federal Coverdell Education Savings Accounts, which requires enrollment at an eligible school.