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NV SB220

Revises provisions relating to the Nevada Educational Choice Scholarship Program. (BDR 34-99)


summary

Introduced
03/06/2023
In Committee
03/06/2023
Crossed Over
Passed
Dead
04/15/2023

Introduced Session

82nd Legislature (2023)

Bill Summary

AN ACT relating to education; revising provisions governing the eligibility of pupils for a grant under the Nevada Educational Choice Scholarship Program; establishing a minimum amount for a grant provided by a scholarship organization on behalf of a pupil; revising provisions governing the amount of credits the Department of Taxation is authorized to approve against the modified business tax for taxpayers who donate money to a scholarship organization; establishing a credit against the general tax on insurance premiums for insurers who donate money to a scholarship organization; and providing other matters properly relating thereto.

AI Summary

This bill revises provisions relating to the Nevada Educational Choice Scholarship Program. It increases the amount of tax credits the Department of Taxation can approve against the modified business tax for taxpayers who donate money to a scholarship organization. It also establishes a credit against the general tax on insurance premiums for insurers who donate money to a scholarship organization. The bill expands the eligibility criteria for students to receive grants from scholarship organizations, and sets a minimum grant amount of $1,000. It establishes an order of priority for how scholarship organizations must award grants.

Committee Categories

Education

Sponsors (20)

Last Action

(Pursuant to Joint Standing Rule No. 14.3.1, no further action allowed.) (on 04/15/2023)

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