HB 91, which expands Pennsylvania’s Educational Improvement Tax Credit (EITC) and Opportunity Scholarship Tax Credit (OSTC) programs, has overwhelmingly passed the General Assembly and awaits Gov. Corbett’s signature, reports State Rep. Jim Cox (R-129).
The bill also allows the credits for the programs to be shared based on need.
The EITC and OSTC provide businesses a tax credit of up to 90 percent for up to $750,000 if they contribute to a scholarship organization, an educational improvement organization, and/or a pre-kindergarten scholarship organization.
The tax credit does not apply to property taxes.
The money is used to fund innovations in public schools and provide tuition assistance in the form of scholarships to eligible students residing within the boundaries of a low-achieving school to attend another public school outside of their district or nonpublic school.
The initial passage of the bill in the House on June 24, 2013 was 198-0. The passage in the Senate on Oct. 15, 2014 was 48-0. The concurrence in the House on Oct. 20 was 193-4 with the dissenters being Mike Carroll of the 118th District, Pamela DeLissio of the 194th District, Phyllis Mundy of the 120th District and Eddie Day Pashinski of the 121st District.
Hey Jim! You keep bringing us good news.
Let’s sell the damn state stores now. Or at least let us buy our booze in Delaware without being classified as lawbreakers.
Thank you.
You’re right George. There are bargains on wine that we cannot take advantage of because we cannot have the wine mailed to us without a lot of red tape.