"Opportunity Scholarship Act"; establishes pilot program in Department of Treasury providing tax credits to taxpayers contributing to scholarships for low-income children.
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Progress
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- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill, the "Opportunity Scholarship Act," proposes a pilot program in New Jersey to provide tax credits to taxpayers who contribute to scholarships for low-income children attending eligible schools. The program aims to offer parents of children in chronically failing public schools an alternative educational option. It establishes criteria for identifying chronically failing schools and eligible schools, and outlines the process for distributing scholarship funds through a designated scholarship organization.
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