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Ariz. Tax-Credit Bill To Become Law.Navigation: Main page Author: Robelen, Erik W. Section: STATE CAPITALS: NEWS IN BRIEF
Arizona Gov. Janet Napolitano will allow a tuition-tax-credit bill to become law without her signature, reversing course from earlier vetoes of similar measures. The new law would allow companies to claim an income-tax credit for contributions made to organizations that provide educational scholarships and tuition grants to children from low-income families. Students would be able to use the vouchers to attend private schools. The vouchers could not exceed $4,200 for students in grades K-8, and $5,500 for grades 9-12, with the amount rising by $100 each year. Arizona since 1997 has had a program in which individuals may make such contributions. The Democratic governor made it clear that her decision was aimed at winning support from the Republican-controlled legislature on some of her priorities, including teacher-pay hikes and voluntary full-day kindergarten. ~~~~~~~~ By Erik W. Robelen in the Fair Use guidelines of the 1976 U.S. Copyright Act. info [at] singlearticles.com Powered by CommonSense |
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