NEW YORK \u2014 Gov. Kathy Hochul intends to opt New York into the Republican-backed federal tax-credit scholarship program that would expand school choice across the state by helping nonprofits offering financial assistance for private school expenses raise money, her office said Friday.<\/p>\n
The program will provide a dollar-for-dollar federal tax credit of up to $1,700 for donors to scholarship-granting nonprofits. In turn, the organizations will give families who make up to 300% of the local median income dollars for private school tuition, tutoring, and other school-related costs.<\/p>\n
The tax credit was created in the One Big Beautiful Bill Act, signed into law by President Donald Trump last summer. The program was quickly embraced by Republican-led states, but only one Democratic governor has opted in so far: Gov. Jared Polis of Colorado. North Carolina Gov. Josh Stein has said he intends to opt in after more details of the program are released.<\/p>\n
\u201cGovernor Hochul is supportive of the federal tax credit scholarship and its potential to help New York students and schools,\u201d said Emma Wallner, a spokeswoman for the governor.<\/p>\n
\u201cOur office awaits information from the federal government on the program and will thoroughly review the details of the policy for poison pills that could harm New York\u2019s education system.\u201d<\/p>\n
Proponents of the program have framed it as a no-brainer to benefit New York families, while critics warn it could divert students, and the funding that follows them, away from local public schools.<\/p>\n
If New York did not opt in, the state\u2019s taxpayers could still claim the tax credit, but those dollars would have gone toward scholarship programs in other, so far mostly Republican-led states.<\/p>\n
Hochul, a moderate Democrat running for re-election this year, faces a Republican challenge from Bruce Blakeman, the Nassau County executive. She did not face a primary after her lieutenant governor, Antonio Delgado, dropped his bid as the path narrowed for a candidate to Hochul\u2019s left.<\/p>\n","protected":false},"excerpt":{"rendered":"NEW YORK \u2014 Gov. Kathy Hochul intends to opt New York into the Republican-backed federal tax-credit scholarship program…\n","protected":false},"author":2,"featured_media":226223,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[426,9,11,10,38370,52895,6871],"class_list":["post-226222","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york","tag-kathy-hochul","tag-new-york","tag-new-york-headlines","tag-new-york-news","tag-private-school","tag-scholarship-program","tag-tax-credit"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/226222","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=226222"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/226222\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/226223"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=226222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=226222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=226222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}