Tax credit bill would encourage private support for tuition assistance for low-income and foster children
SANTA FE — Today, Senate Bill 113, sponsored by Senator Gerald Ortiz y Pino (D-Albuquerque), cleared the Senate Education Committee on a 3-2 partisan vote. All Republicans voted in favor of the Democrat-sponsored measure to establish the Equal Education Opportunity Scholarship Act. The legislation creates a tax credit for those who contribute money to tuition scholarship organizations. Those organizations in turn provide scholarships for eligible students to attend schools chosen by their parents. The pilot program is limited to 400 students and is specifically targeted to help low-income and foster children.