Posted: 9:45 p.m. Sunday, Jan. 27, 2013
The Atlanta Journal-Constitution
Georgia’s Student Scholarship Tax Credit Program
In 2008, the state established a tax credit program to encourage donations to student scholarship organizations, which provide scholarship funding to private schools.
Individuals and corporations make a donation to the SSO and can claim a tax credit based on the amount given. The maximum amount a couple filing jointly can qualify for is $2,500, though businesses that donate can claim a credit equal to 75 percent of the taxes owed by that business.
Last year, the state set aside $51.5 million for the tax credits, and some legislators want to expand that amount.
Critics, however, allege that the program is poorly overseen and rife with abuse. SSOs and private schools, they say, are telling donors — who are often the relatives of a private school student — that they can designate a specific student for assistance and claim a tax credit. Supporters of the program say that it expands school options for parents who might not otherwise be able to afford to send their children to private school.
Updated every Friday, Mark Arum tells us where we can find construction, events and anything else to slow us down on the roads this weekend.