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NV AB214

Revises provisions governing Nevada Educational Choice Scholarship Program. (BDR 34-130)


summary

Introduced
02/04/2025
In Committee
02/03/2025
Crossed Over
Passed
Dead
04/12/2025

Introduced Session

83rd Legislature (2025)

Bill Summary

AN ACT relating to education; revising the criteria for pupils to be eligible for a grant from a scholarship organization under the Nevada Educational Choice Scholarship Program; establishing the order of priority in which a scholarship organization must award such grants; establishing the minimum amount of a grant provided on behalf of a pupil; revising the amount of credits the Department of Taxation is authorized to approve against the modified business tax for taxpayers who donate to a scholarship organization; providing a tax credit for insurers who donate money to a scholarship organization to be applied against the general tax on insurance premiums; and providing other matters properly relating thereto.

AI Summary

This bill revises the Nevada Educational Choice Scholarship Program by expanding and modifying several key provisions. The bill increases the tax credit cap for donations to scholarship organizations from $6,655,000 to $30,000,000 for Fiscal Year 2025-2026, with subsequent years increasing by 110 percent of the previous year's amount. It broadens the eligibility criteria for student grants by establishing a priority order for awarding scholarships, including preferences for students who previously received a grant, have siblings receiving grants, have an individualized education program, or have parents who are active military, peace officers, or firefighters. The income threshold for household eligibility is raised from 300 percent to 400 percent of the federal poverty level. Additionally, the bill mandates that each scholarship grant must be at least $1,000 per pupil and introduces a new tax credit for insurers who donate to scholarship organizations. The bill aims to provide more financial support and expanded educational choices for Nevada students, particularly those from lower-income backgrounds or with specific family circumstances.

Committee Categories

Education

Sponsors (1)

Last Action

(Pursuant to Joint Standing Rule No. 14.3.1, no further action allowed.) (on 04/12/2025)

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