Committee backs tax credit that aids students in Concord Monitor, 11/9/11

posted Dec 6, 2011, 2:04 AM by Bill Duncan   [ updated Jan 5, 2012, 11:40 AM ]
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Committee backs tax credit that aids students
By Sarah Palermo / Monitor staff
November 9, 2011


A committee of legislators is supporting a tax credit program that would give businesses an incentive to donate money to be used exclusively to fund education options for New Hampshire students.

The money donated by the companies would then be doled out to families seeking alternatives to public school - whether that is home-schooling, private schools or religious schools.

The group, led by Sen. Jim Forsythe, a Strafford Republican, studied tax credits instead of vouchers because the credits look more likely to stand up to constitutionality tests, he said. Forsythe ran for office as a supporter of expanding school choice.

"With tax credits, it's not government funds. It's not money the government ever had control over, so doesn't require the same regulations," he said.

....get the rest at the Monitor web site....

(Sarah Palermo can be reached at 369-3322 or spalermo@cmonitor.com.)