Bill > HB1821

Introduced Session

Education improvement scholarships tax credits. Expands the education improvement scholarships tax credit program for taxable years 2023 through 2027 by (i) increasing from 65 percent to 100 percent the credit amount for the value of the monetary or marketable securities donation made by the person to an included scholarship foundation, (ii) removing the requirement that eligible pre-kindergarten children be at-risk four-year-olds unable to obtain services through Head Start or Virginia Preschool Initiative programs, (iii) requiring that nonpublic pre-kindergarten programs participate in the Unified Virginia Quality Birth to Five System (VQB5), rather than the Virginia Quality rating system, and (iv) expanding eligible students to include any school-aged child living in Virginia whose family income does not exceed 300 percent of federal poverty guidelines, regardless of prior public school enrollment or a recent move to Virginia.

AI Summary

Committee Categories

G. John Avoli (R)*,  Jason Ballard (R),  Kathy Byron (R),  Mike Cherry (R),  Aijalon Cordoza (R),  Tara Durant (R),  C. Matthew Fariss (R),  Anne Ferrell Tata (R),  Hyland Fowler (R),  Chris Head (R),  M. Keith Hodges (R),  David LaRock (R),  Marie March (R),  Ellen McLaughlin (R),  Chris Runion (R),  Kim Taylor (R),  Wendell Walker (R),  William Wiley (R),  Wren Williams (R),  Thomas Wright (R), 

Passed by indefinitely in Finance and Appropriations (11-Y 5-N) (on 02/14/2023)

Official Document