Enhance Opportunities for Low/Middle Income Students
HB 1003 enhances opportunities for low and middle-income students by improving the state's Scholarship Tax Credit Program and creating a new Choice Scholarship program that allows more students to attend the school of their choice.
HB 1003 would improve Scholarship Tax Credit program
*Incrementally increasing the percentage of the state tax credit from 50% up to 80% in 2014.
* Increasing the amount of tax credits by $10 million when 90% of the total cap was reached.
* Increasing family income eligibility from 200% of free and reduced lunch to 250%
HB 1003 creates a new scholarship program allowing families to choose a non-public school
* Scholarships would follow students to pay for tuition.
* Scholarships are based on state support of the public school district in which the student resides
* Scholarship amounts are on a sliding scale based on family income.
ICC supports HB 1003
* The programs support parents constitutional and natural right to choose the educational setting best suited to their children.
* The programs are designed to give options to the families who are least able to exercise choice in education.
* The programs will support quality education and promote the common good at a reduced cost, allowing savings to be used for other public needs.