Bill No. HB2068
Bill ID
1298912
State
MO
Title
Establishes the "Show Me a Brighter Future Scholarship Program"
Description
PFPS Summary: Missouri's HB2068 would establish a new voucher program (the "Show Me A Brighter Future Scholarship Program"). Students whose total annual household income is less than twice the income requirement for free and reduced lunches are eligible to participate. Vouchers may be used at any private school in Missouri or for travel to any public school not within the student's district of residence. Participating private schools must, among other things, be accredited by an accrediting body approved by the state treasurer, and must annually administer either the state achievement tests or nationally norm-referenced tests. Beginning in 2021, the program would provide a 100% income tax credit for donations to a fund used to pay for the vouchers. $25 million in tax credits would be available in 2021, on a first-come-first-served basis, with the amount of tax credits potentially increasing by 10% per year, up to $50 million.
Bill Type
Bill
Category
529 Accounts, Tax Credit Vouchers
Session
2020 Regular Session
Special Session
No Data Available
Current Status
Introduced
Status Last Updated
2020-01-08
Pending Committee
Calendar
Sponsors
Texts
Votes
No data available
Amendments
No data available
Supplements
No data available