June 10, 2015
Efforts to reduce the heavy economic burden on Jewish families who send their children to religious day schools can receive a belated but much-needed boost from New York State next week, but opposition from some labor unions may stand in the way.
The State Legislature, which adjourns for the year on June 17, is considering the Parental Choice in Education Act, which includes a new $150 million education tax credit program that could mean millions of dollars in annual savings for families whose children are enrolled in day schools — where tuition often exceeds $20,000 and even $30,000 per child.
The legislation would offer tax credits of up to 75 percent for individuals or businesses that donate to scholarship organizations for private school students, and $500 tuition tax credits for private school students from families with incomes under $60,000.
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