- This bill expands education freedom to all 50 states while protecting religious liberty and ensuring private school autonomy.
- $10 Billion in annual federal tax-credits for individuals and businesses:
- Individuals can receive a 100% nonrefundable* federal tax-credit on a contribution up to $5,000 or 10% of AGI, whichever is greater.
- Businesses can receive a 100% nonrefundable* federal tax-credit on a contribution of up to 5% of their taxable income.
- ECCA scholarships can be stacked on top of state tax-credit scholarships in applicable states.
- Student eligibility: Family income can be up to 300% of the median income by area as calculated by HUD.
- To determine the current income limit for your area, complete the following steps:
- Click here: HUD Income Limits.
- Select your State and then your County and click “View County Calculations”.
- Take the amount listed under the section Median Family Income and multiply by 300%.
- To determine the current income limit for your area, complete the following steps:
- Scholarship eligibility, amounts, and use are determined by the Scholarship Granting organization.
- Students receiving an ECCA scholarship will not be required to take standardized testing