Tuesday, February 13, 2007

Bill sets tax breaks for education donors | ajc.com

Bill sets tax breaks for education donors | ajc.com:
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"corporations and individuals would get tax breaks for making donations that help low-income or disabled children attend private schools under new legislation sponsored by the chairman of the House Rules Committee, Rep. Earl Ehrhart (R-Powder Springs).

Donations for extracurricular activities and innovative education at private or public schools — such as pre-k, art, band uniforms and foreign languages — also would get tax breaks.

The legislation creates two new nonprofit designations: the Student Scholarship Organization and the Education Improvement Organization. The second group would provide funds for school programs."

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