Gov. Greg Gianforte Wednesday signed into law a significant increase to a tax credit for donors to school choice scholarship programs. The program benefits both public and private schools, but the bill eases restrictions on what private schools are required to do in order to receive funding.
Donors to school scholarship programs will now get a dollar-for-dollar tax credit up to $200,000, an increase over the $150 tax credit previously on the books. The state will credit up to $1 million in donations this year, and that limit will double in 2022.
Erica Smith is an attorney with the Virgina-based Institute for Justice. She testified in favor of the bill.