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AK HB148

AK HB148
Ak Perform. Scholarship; Edu Tax Credits


summary

Introduced
03/29/2023
In Committee
05/14/2024
Crossed Over
02/26/2024
Passed
06/20/2024
Dead
Signed/Enacted/Adopted
06/28/2024

Introduced Session

33rd Legislature

Bill Summary

An Act relating to the head start program; relating to the Alaska performance scholarship program; relating to the insurance tax education credit, the income tax education credit, the oil or gas producer education credit, the property tax education credit, the mining business education credit, the fisheries business education credit, and the fisheries resource landing tax education credit; relating to allocations of funding for the Alaska Workforce Investment Board; relating to grants for technical and vocational education; providing for an effective date by amending the effective date of secs. 1, 2, and 21, ch. 61, SLA 2014; and providing for an effective date.

AI Summary

This bill: Increases funding for the Head Start program in Alaska by providing matching grants to eligible Head Start agencies. It also amends the Alaska Performance Scholarship program to extend the eligibility period from 6 to 8 years after high school graduation, expand the core academic curriculum requirements, and establish a process for students to increase their award level based on their postsecondary grade point average. Additionally, it expands the tax credits available for contributions to various educational programs and institutions in the state, increases the contribution limit for these credits, and makes changes to the allocation of funding for the Alaska Workforce Investment Board and technical and vocational education grants.

Committee Categories

Budget and Finance, Education

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Education (H)

Last Action

FN14: (UA) (on 09/03/2024)

bill text


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