Education - As introduced, requires the state to elect to participate in the federal tax credit established under federal law for individuals who make qualified contributions to scholarship granting organizations. - Amends TCA Title 49.
Assigned to General Subcommittee of Senate Education Committee
Summary
The bill directs the state Department of Education to opt into a federal tax credit for individuals who give money to qualified scholarship‑granting organizations. It requires the department to publish an annual list of eligible organizations and to meet all federal requirements for the credit. The measure aims to encourage private contributions toward college scholarships for Tennessee students.
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