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.
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“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.”