What you need to know about New York’s proposed education tax credit


by Uriel Heilman

May 26, 2015

When Rhode Island adopted an education tax credit program a few years back, it resulted in a windfall for the state’s two Jewish day schools. Between them, their students received some $400,000 in scholarship money in the program’s first year.

In Florida, tax credit legislation has resulted in nearly $10 million annually for scholarships for Jewish day schools and yeshiva students.

Now New York, which has more Jewish day school and yeshiva students, some 150,000, than all other states combined, has a chance of getting an education tax credit program that could deliver millions of dollars per year to cash-strapped Jewish day school families.

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