• 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
  • House Democrats invite ex-Giuliani associate Lev Parnas as Biden impeachment inquiry hearing witness
  • House of Representatives stays in limbo after Jordan fails on second vote for speaker
  • America First Legal sues FEC to force action on Hunter Biden laptop deniers during 2020 campaign
  • WATCH: Biden responds to bribery scandal allegations with joke: ‘Where’s the money?’
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

Jim Jordan fires back at White House in Biden document...

January 16, 2023

Latest fundraising report could be death knell for 2024 GOP...

October 4, 2023

Trump considering ‘loan’ system for future Ukraine aid

April 14, 2024

Apple Stock Nears Buy Zone at $237

October 23, 2024

Clarence Thomas formally reports 2019 trips paid by friend and...

June 7, 2024

How and where to watch Fox News’ town hall with...

January 11, 2024

House GOP Ukraine skeptics draw battle lines ahead of funding...

April 6, 2024

California voters issue strong rebuke to Dem plan to offer...

September 11, 2023

MT lawmakers seek to interpret state constitution as means to...

January 18, 2023

Most Americans reject push by Biden, Dems to change Supreme...

August 21, 2024

    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

    • Want Faster, Lower Risk Trades? Use This Setup

      July 9, 2025
    • The Seasonality Trend Driving XLK and XLI to New Highs

      July 9, 2025
    • Small Caps Are Rotating In — Here’s Why It Matters

      July 9, 2025
    • Amazon extends Prime Day discounts to 4 days as retailers weigh tariffs and price increases

      July 9, 2025
    • Breakout Watch: One Stock in Each Sector to Watch Now

      July 9, 2025

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 3,630 views
    • 2

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

      June 27, 2024 2,919 views
    • 3

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

      August 9, 2024 2,607 views
    • 4

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

      July 10, 2024 2,575 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,449 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,167)
    • Investing (538)
    • Stock (2,660)

    Popular Posts

    • 1

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

      June 25, 2024
    • 2

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

      June 27, 2024
    • 3

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

      August 9, 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

    • Want Faster, Lower Risk Trades? Use This Setup

      July 9, 2025
    • The Seasonality Trend Driving XLK and XLI to New Highs

      July 9, 2025
    • Small Caps Are Rotating In — Here’s Why It Matters

      July 9, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,167)
    • Investing (538)
    • Stock (2,660)

    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

    Biden finally speaks out on granddaughter...

    July 29, 2023

    Federal judge blocks New York counties’...

    June 8, 2023

    Ex-NSA official Harry Coker confirmed as...

    December 13, 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