Tag: U.S. Department of the Treasury

U.S. Treasury previews guidance for federal Education Freedom Tax Credit scholarship program

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June 18, 2026

On June 10, the U.S. Department of the Treasury issued a preview of the forthcoming guidance implementing the Education Freedom Tax Credit (EFTC) scholarship program, which is set to take effect on Jan. 1, 2027. President Donald Trump (R) enacted the tax credit as part of the One Big Beautiful Bill Act (OBBBA). The statute…