Tuesday, October 04, 2022

Representatives of the Orthodox Union, the Rabbinical Council of America (RCA) and the United States Conference of Catholic Bishops attended their semi-annual meeting to discuss issues affecting their congregants and students.  The proposed Education Investment Tax Credit Legislation (A.1826/S.4099), designed to increase individual and corporate donations for education by changing benefits provided under current law from a tax exemption to a tax credit. The bill would help both public and private schools by dividing the tax credits evenly between donations made to public schools, including non-profit organizations supporting public schools, and donations made to scholarship organizations that provide scholarships for students to attend private schools.

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