New Hampshire Legislature Passes Education Tax Credits
The New Hampshire House sent Democratic Gov. John Lynch a bill that would give tax credits to businesses for 85 percent of their donations to nonprofit scholarship funds. House Bill 1607 would make New Hampshire the ninth state to offer the business credit.
The scholarships, which must average $2,500, would go to parents who want to send their child somewhere other than their assigned public school. To be eligible, a family must make less than 300 percent of the federal poverty level, or approximately $65,000 for a family of four.
“All families should have a choice in education, not just those who can afford to have one now,” said House Deputy Speaker Pam Tucker (R-Greenland).