New tax credit could support school choice orgs if adopted

New tax credit could support school choice orgs if adopted

Connecticut Republicans are asking Gov. Ned Lamont to adopt a federal tax credit that provides reimbursements for donations made to nonprofit scholarship-granting organizations (SGOs).  The federal tax credit, which was approved in the Big Beautiful Bill Act, would reimburse donations at a one-to-one rate up to $1,700 made to SGOs. But, in order for this tax credit to apply, state governors need to opt in.  “This represents an incredible, transf…

National school choice program builds on Alabama's, with notable differences

For the first time, school choice is going national. As part of the One Big Beautiful Bill Act signed by President Donald Trump on July 4, a new federal tax credit scholarship program creates the first nationwide school choice initiative — building on models already in place in states like Alabama. The federal program, set to begin in 2027, offers taxpayers a dollar-for-dollar income tax credit — up to $1,700 annually — for donations to nonprofi…