Tag: scholarship granting organizations

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Marco Rubio Brings Back Educational Opportunities Act to Expand School Choice With New Tax...

“The Educational Opportunities Act would allow individuals and businesses to contribute to qualified Scholarship Granting Organizations (SGOs) that award need-based scholarships to students to defray the cost of attending private schools. The bill creates an individual federal tax credit of up to $4,500 and a corporate credit of up to $100,000 for donations to qualifying, non-profit SGOs,” Rubio’s office noted about the proposal.
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