Directs the commissioner of taxation and finance to help entities to elect to participate in the federal tax credit for elementary and secondary scholarships

Summary

The bill directs the New York Commissioner of Taxation and Finance to opt the state into the federal Educational Choice for Children Act, allowing a $1,700 tax credit for donors to qualified scholarship organizations. It requires the commissioner to identify and publish eligible organizations and set rules for their qualification. The measure aims to give New York families access to scholarship funds that are otherwise available only in states that have opted in.

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