Proposed bill would increase Georgia’s tax credit scholarship program cap

Proposed bill would increase Georgia’s tax credit scholarship program cap

In The News

Proposed bill would increase Georgia’s tax credit scholarship program cap

Proposed legislation would increase the cap on the state’s tax credit scholarship program a year after lawmakers raised it

The proposed measure, House Bill 54, would increase the cap from $120 million annually to $200 million per year starting in 2024. The state’s tax credit scholarship program, enacted in 2008, allows individuals and corporations to use part of their state tax obligation for private school scholarships.

.

“This expansion would bring educational opportunities to thousands more students in Georgia,” Buzz Brockway, vice president of public policy for the Georgia Center for Opportunity, said in a statement.

 

“It’s clear that demand for the program is strong. The existing $120 million cap was met on the very first day of applications this year,” Brockway added. “Georgia families are demanding more options, and lawmakers would be wise to take notice.”

Proposed bill would increase Georgia’s tax credit scholarship program cap

Kentucky’s Juvenile Justice System

In The News

Kentucky’s Juvenile Justice System

Renee Shaw and guests discuss Kentucky’s juvenile justice system. Guests: State Sen. Whitney Westerfield (R-Fruit Hill); State Rep. Jason Nemes (R-Louisville); State Rep. Nima Kulkarni (D-Louisville); State Rep. Keturah Herron (D-Louisville); Terry Brooks, executive director of Kentucky Youth Advocates; and Josh Crawford, director of Criminal Justice Initiatives, Georgia Center for Opportunity.

Proposed bill would increase Georgia’s tax credit scholarship program cap

‘A Violent Start To The Year’: Murders Are Already Soaring In These Six Major Cities

In The News

‘A Violent Start To The Year’: Murders Are Already Soaring In These Six Major Cities

Spates of deadly violence impacted several U.S. cities to start 2023, outpacing the same period in 2022, and experts variously called for proper police funding, community trust-building efforts and investment in at-risk youth in response.

“We’re less than a month into 2023, so it’s tough to say what a violent start to the year in so many cities will mean,” Speaking to the crime increases in these cities, Georgia Center for Opportunity Criminal Justice Initiatives Director Josh Crawford told the Daily Caller News Foundation. “But we’re now into our 8th year of an upward trajectory in terms of homicide and violent crime.”

Proposed bill would increase Georgia’s tax credit scholarship program cap

School choice legislation is likely from Georgia lawmakers this session

In The News

School choice legislation is likely from Georgia lawmakers this session

Georgia lawmakers are almost certain to discuss school funding and even school choice legislation during this year’s legislative session.

 

“Parents are demanding more options in education, spurred on by the seismic changes we’ve seen in K-12 schools during the pandemic,” Buzz Brockway, executive vice president of public policy for the Georgia Center for Opportunity, said in a statement in response to Gov. Brian Kemp declaring Jan. 22-28 as National School Choice Week.

“On this front, we’re proud that Georgia is leading the charge on expanding educational opportunity for every child, not just for those from families with the right income or who live in the right zip code,” Brockway added. “This legislative session, Georgia lawmakers must build on the progress we’ve made in recent years by approving Education Scholarship Accounts to ensure educational access for all.”

Proposed bill would increase Georgia’s tax credit scholarship program cap

Nonprofit says Georgians are still hurting from inflation

In The News

Nonprofit says Georgians are still hurting from inflation

While the Consumer Price Index for All Urban Consumers dropped 0.1% in December and the year-over-year inflation rate stands at 6.5%, a Georgia nonprofit says Peach State residents may not be feeling the good news.

“We keep seeing positive headlines about the inflation rate, but that good news is lost on average Georgians who are continually pinched on the cost for everyday necessities like groceries and gas,” Erik Randolph, Georgia Center for Opportunity’s director of research, said in a statement. “Although there was some positive news in the December numbers, it’s important to keep in mind that core inflation remained elevated, including for food. If policymakers in Washington truly want to help the most economically vulnerable in our country, they must return to fiscal sanity and rein in the spending.

Year-over-year inflation rate now stands at 6.5%

Year-over-year inflation rate now stands at 6.5%

inflation

Year-over-year inflation rate now stands at 6.5%

Today the U.S. Bureau of Labor Statistics announced that the Consumer Price Index (CPI) dropped 0.1% in December, meaning the year-over-year inflation rate now stands at 6.5%. The Bureau also released the 2022 annual average price level, which was 8% higher than 2021.

The Georgia Center for Opportunity’s (GCO) take: “We keep seeing positive headlines about the inflation rate, but that good news is lost on average Georgians who are continually pinched on the cost for everyday necessities like groceries and gas,” said Erik Randolph, GCO’s director of research. “Although there was some positive news in the December numbers, it’s important to keep in mind that core inflation remained elevated, including for food. If policymakers in Washington truly want to help the most economically vulnerable in our country, they must return to fiscal sanity and rein in the spending. Federal Reserve Chairman Jerome Powell remains steadfastly committed to bringing down inflation, and hopefully the change of political leadership in the U.S. House will mean more responsible federal spending. The policy goal should be to repeat the general decline in prices as what happened in December so the price level slowly comes back down. This will extend the opportunity of a higher standard of living for everyone, the rich and poor alike.”

Erik Statement