An Act amending the act of March 10, 1949 (P.L.30, No.14), known as the Public School Code of 1949, in educational tax credits, further providing for limitations and providing for termination of authority; providing for education options tax credits; establishing the Accountability for Diverted Tax Dollars Restricted Account; providing for scholarship granting organizations, for application by eligible contributors, for scholarships, for educational improvement programs, for low-achieving schools, for school participation in program and for original jurisdiction; and imposing duties on the Department of Community and Economic Development, the Department of Education, the Department of Revenue, the Auditor General, the Independent Fiscal Office and the State Treasurer.
Referred to Education
Summary
This bill creates education options tax credits to fund scholarships for students attending non-public schools or accessing educational improvement programs. It impacts taxpayers who contribute to scholarship organizations, students seeking alternative education options, and public schools designated as low-achieving. The legislation matters because it expands school choice while introducing new accountability measures for tax dollars diverted from public funds.
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