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NH Senate considering school tax credit option

10:26 AM, Jan 22, 2012   |    comments
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CONCORD, N.H. (AP) -- New Hampshire's Senate is holding a hearing on legislation that would divert business taxes into private organizations to issue as scholarships to schoolchildren to attend private or religious schools.

The Senate Education Committee hearing Tuesday is on a Senate bill almost identical to a House bill co-sponsored by House Republican Leader D.J. Bettencourt.

Both bills would let nonprofit organizations collect and distribute scholarships averaging $2,500 per student. Families that home-school could apply for up to $1,500 to pay for books and materials. Republican Sen. Jim Forsythe, the sponsor of the Senate bill, estimates 6,000 children might receive scholarships.

 

 

 

 

 

(Copyright 2012 by The Associated Press. All Rights Reserved.)

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