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Gov. Andrew Cuomo seeks $150 million education tax credit

Posted by New Leaders Council 4 Admin on May 13, 2015 at 5:48 PM

Originally published on Times Union by Matthew Hamilton on May 12, 2015.

Cardinal Timothy Dolan supports "logical" tax credit applying to school tuition

Albany

As students begin preparing to cram for end-of-the-year tests, Gov. Andrew Cuomo is making a legislative crunch-time push to get an education investment tax credit through the Legislature.

The governor appeared with Cardinal Timothy Dolan on Long Island and in Buffalo on Tuesday to call on lawmakers to approve the controversial measure, which has a new family-friendly name: the Parental Choice in Education Act.

Cuomo's plan for the EITC, as it's known at the Capitol, is to provide tax credits of up to 75 percent for individual and business donations to public schools and non-profits that support public educational programs, and credits for up to 75 percent of donations to non-profit organizations that award scholarships to students in pre-kindergarten through 12th grade.

Read the full story here: http://www.timesunion.com/news/article/Gov-Andrew-Cuomo-seeks-150-million-education-6259573.php