Friday, March 03, 2006

Baltimore Times - Article - education matters

Baltimore Times - Article - education matters:
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"Maryland Senate Bill 946. This legislation proposes a new tax incentive to encourage business investment in Maryland schools. Modeled on Pennsylvania�s highly successful Educational Improvement Tax Credit, BOAST (Building Opportunities for All Students and Teachers) Maryland Tax Credit is designed to provide Maryland elementary and secondary schools with the means of leveraging significant investment from their local business communities. The initiative would allow businesses to claim a 75 per cent state tax credit (rather than a charitable deduction) for donations to 501 (c) (3) organizations that support Maryland�s K-12 students and teachers. "

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