• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Nebraska bill allowing tax donations for school vouchers advances
Economy

Nebraska bill allowing tax donations for school vouchers advances

by April 15, 2023
by April 15, 2023 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

A bill that would channel public money to scholarships for private school tuition in Nebraska is headed to a final step needed for passage this year.

The bill, introduced by Omaha Sen. Lou Ann Linehan, does not appropriate taxpayer dollars directly toward private school vouchers. Instead, it would allow businesses, individuals, estates and trusts to donate a portion of owed state income tax to be used for scholarships covering private school tuition.

Businesses and individuals could donate up to $100,000 per year; estates and trusts could offer up to $1 million a year. The bill would allocate $25 million a year over the next two years and up to $100 million annually thereafter to cover such donations — money that otherwise would have gone into the state’s general revenue fund.

The money would be overseen and allocated by nonprofit groups. On Thursday, lawmakers voted to include an amendment that would cap the amount those groups could take from donations for administrative costs at no more than 10%. The amendment also included reporting requirements to track the scholarship allocations.

The bill includes a tier system for scholarships that prioritizes low-income students and those being bullied in their current school.

Public school advocates have blasted the measure as a ‘school voucher scheme’ that will hurt the state’s K-12 public school system.

‘Proponent’s game plan to force passage of their private school tax scheme is to threaten to hold hostage state funding of public schools –- public schools that educate 90% of all the kids in Nebraska,’ Nebraska State Education Association President Jenni Benson said in a statement. ‘If lawmakers cut promised state funding for public schools, it puts more pressure on our already-high property taxes.’

A group representing Roman Catholic-run schools in the state — which would be the recipients of the most of the scholarship funds — celebrated the bill’s advancement, echoing Linehan’s stance that the move is geared to help families in need.

But the Nebraska Catholic Conference did not address opponents’ concerns that its schools might discriminate against students and families — particularly those within the LGBTQ+ community — on the basis of religious tenets.

Omaha Sen. Megan Hunt, who opposes the bill, introduced an amendment earlier in the session that would have banned private schools benefiting from the vouchers from discriminating against families — including those within the LGBTQ+ community. It failed on a largely party-line vote.

If passed, Nebraska would become one of the last states to offer some form of public money for private school tuition.

This post appeared first on FOX NEWS
You Might Also Like
  • National security experts warn against ‘chaos’ of US elections as Harris enters race
  • Make sponsors of terrorism like Iran pay for their crimes — literally
  • Harris hours away from most consequential announcement of her career
  • 5 key demands House conservatives are making before taking partial government shutdown off table
Share
0
FacebookTwitterPinterestWhatsapp

previous post
TAKING ON TENT CITY: CA enclave tackling homeless camps declares ‘we want a city that feels and looks safe’
next post
Supreme Court allows challenges to federal agencies to go forward in court

You may also like

Trans activists march on state capitols nationwide as cloud of...

April 2, 2023

Biden appears to confuse NATO with Ukraine in calling for...

February 18, 2024

Where Do The Savings Go?

December 28, 2022

Tim Scott slams Obama, ‘radical left’ on education: ‘They have...

June 19, 2023

Who is the real Kamala Harris? America has so many...

August 1, 2024

Eric Adams reportedly won’t see Biden during New York trip...

September 19, 2023

Rep. Greg Steube says he’s cleared to fly following devastating...

March 16, 2023

Iran-backed militia hits US forces at Iraq air base, injuring...

November 22, 2023

Secretary of State Blinken arrives in Israel in show of...

October 12, 2023

Joe Biden allegedly paid $5M by Burisma executive as part...

June 9, 2023

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • The V Reversal is Impressive, but is it Enough?

      May 9, 2025
    • Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

      May 8, 2025
    • Don’t Buy Robinhood Stock… Until You See This Chart Setup

      May 8, 2025
    • UnitedHealthcare sued by shareholders over reaction to CEO’s killing

      May 8, 2025
    • The Unpredictable Stock Market: How to Make Sense of It

      May 8, 2025

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,633 views
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,339 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,321 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,303 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,186 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,066)
    • Investing (538)
    • Stock (2,531)

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 3

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • The V Reversal is Impressive, but is it Enough?

      May 9, 2025
    • Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout,...

      May 8, 2025
    • Don’t Buy Robinhood Stock… Until You See This Chart Setup

      May 8, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,066)
    • Investing (538)
    • Stock (2,531)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Armed man impersonating law enforcement arrested...

    September 17, 2023

    NYC mayor says COVID mandates may...

    February 13, 2023

    Massachusetts Gov. Healey creates ‘Latino Empowerment’...

    April 5, 2023
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here