Tag: federal tax credit
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Eleven states take action on federal school choice tax credit program in January
As of Jan. 26, 11 states had taken action this month to indicate participation in the federal school choice tax credit program. Twenty-one states in total have indicated participation in the program. Entities designated under each state's law to make elections on behalf of the state regarding federal tax benefits can decide to opt a…
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Iowa indicates participation in federal school choice tax credit program
On Jan. 5, Iowa Gov. Kim Reynolds (R) announced that the state would participate in the U.S. school choice tax credit scholarship program, which the One Big Beautiful Bill Act (OBBBA) established when President Donald Trump (R) signed the bill into law in July 2025. The announcement makes Iowa the sixth state to indicate participation…