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Bill > SR20
NJ SR20
NJ SR20Urges Governor to take steps for State participation in federal tax credit scholarship program.
summary
Introduced
01/13/2026
01/13/2026
In Committee
01/13/2026
01/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026-2027 Regular Session
Bill Summary
This resolution urges the New Jersey Governor to take all measures necessary to ensure the State participates in the federal tax credit scholarship program created by the "One Big Beautiful Bill Act." Opting into this program would provide much-needed tax relief to hardworking New Jerseyans while advancing educational freedom and choice by making it easier for families in the State to meet the educational needs of their children. Under the program, taxpayers will be eligible to receive a federal tax credit of up to $1,700 for the contributions they make to state-recognized scholarship granting organizations, which, in turn, will be required to use those contributions to grant scholarships to students for qualified elementary and secondary education expenses. Scholarship recipients will be able to use the funds for tuition, fees, books, supplies, academic tutoring, special needs services, room and board, uniforms, transportation, and computer technology, among other eligible expenses. States have the sole discretion to recognize scholarship granting organizations within their jurisdictions, effectively allowing states to decide whether to make the students residing within their borders eligible for the program. The governor of a particular state, or another individual, agency, or entity designated under state law, makes the decision as to whether the state will participate in the program. Participation in the federal tax credit scholarship program would benefit students and families in New Jersey. Data shows that having access to more options in the education marketplace can empower families, enhance student safety, and improve academic outcomes and graduation rates.
AI Summary
This resolution urges the Governor of New Jersey to take all necessary actions for the state to participate in a federal tax credit scholarship program established by the "One Big Beautiful Bill Act." This program, effective January 1, 2027, allows taxpayers to receive a federal tax credit of up to $1,700 for contributions made to state-approved scholarship organizations. These organizations must then use the funds to provide scholarships for students' qualified elementary and secondary education expenses, which can cover a wide range of costs including tuition, books, tutoring, and transportation. States have the authority to decide whether to recognize these scholarship organizations, thereby determining if their residents can benefit from the program, and the governor is the designated official to make this decision for New Jersey, with the aim of increasing educational options and improving student outcomes.
Committee Categories
Education
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Education Committee (on 01/13/2026)
Official Document
bill text
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2026/SR20 |
| BillText | https://pub.njleg.gov/Bills/2026/SR/20_I1.HTM |
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